§ 15.2-850. Bonds of officers
The urban county executive shall give bond payable to the county in the amount of not less than $5,000. The director of finance shall give bond in the amount of not less than fifteen percent of the amount of money to be received by him annually, but he shall not be required to give a bond in excess of five million dollars except as hereinafter provided. If the urban county executive serves also as director of finance, he shall give bond to the full amount indicated above for the director of finance. The board may fix bonds in excess of these amounts and require bonds of other county officers in the board's discretion, conditioned on the faithful discharge of their duties and the proper accounting for all funds coming into their possession.
(Code 1950, § 15-384.70; 1960, c. 382; 1962, c. 623, § 15.1-783; 1968, cc. 375, 797; 1997, c. 587.)
Sections: Previous 15.2-843 15.2-844 15.2-845 15.2-846 15.2-847 15.2-848 15.2-849 15.2-850 15.2-851 15.2-851.1 15.2-852 15.2-853 15.2-854 15.2-855 15.2-856 NextLast modified: April 2, 2009