25 chapters · 1,620 sections in this title.
Va. Code Ann. § 46.2-444 Surety requirements of bond
0.6K chars
The bond mentioned in subdivision 2 of § 46.2-436 shall be duly executed by the person giving proof and by a surety company duly authorized to transact business in the Commonwealth or by the person giving proof and by one or more individual sureties owning real estate within the …
Va. Code Ann. § 46.2-445 How bond to be conditioned
0.2K chars
The Commissioner shall not accept any bond unless it is conditioned for payments in amounts and under the same circumstances as would be required in a motor vehicle liability policy furnished by the person giving proof.
Va. Code Ann. § 46.2-446 Notice to Commissioner prerequisite to cancellation of bond; cancellation not to affect rights arising prior thereto
0.3K chars
No bond shall be cancelled unless twenty days' prior written notice of cancellation is given the Commissioner, but cancellation of the bond shall not prevent recovery thereon with respect to any right or cause of action arising prior to the date of cancellation.
Va. Code Ann. § 46.2-447 Bond to constitute lien on real estate of surety
0.6K chars
A bond with individual sureties shall constitute a lien in favor of the Commonwealth on the real estate of any individual surety. The lien shall exist in favor of any holder of any final judgment against the principal on account of damage to property or injury to or death of any …