60.2-203 - Average annual payroll.
§ 60.2-203. Average annual payroll.
"Average annual payroll" means the average of the annual payrolls of anyemployer for the last three or five preceding calendar years, whichever ishigher.
(Code 1950, § 60-5; 1968, c. 738, § 60.1-5; 1986, c. 480.)