"Average annual payroll" means the average of the annual payrolls of any employer for the last three or five preceding calendar years, whichever is higher.
Va. Code Ann. § 60.2-203
Average annual payroll
Code 1950, § 60-5; 1968, c. 738, § 60.1-5; 1986, c. 480.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.