§ 46.2-444. Surety requirements of bond
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 Commonwealth and having an equity therein in at least the amount of the bond and the real estate shall be scheduled in the bond. But the Commissioner may not accept any real estate bond unless it is first approved by the circuit court of the jurisdiction wherein the real estate is located.
(Code 1950, § 46-465; 1958, c. 541, § 46.1-476; 1989, c. 727.)
Sections: Previous 46.2-437 46.2-438 46.2-439 46.2-440 46.2-441 46.2-442 46.2-443 46.2-444 46.2-445 46.2-446 46.2-447 46.2-448 46.2-449 46.2-450 46.2-451 NextLast modified: April 16, 2009