Code of Virginia - Title 46.2 Motor Vehicles - Section 46.2-447 Bond to constitute lien on real estate of surety

§ 46.2-447. Bond to constitute lien on real estate of surety

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 person or persons resulting from the ownership, maintenance, use, or operation of his, or any other, motor vehicle, upon the recording of the bond in the office of the clerk of the court where deeds are admitted to record of the city or county where the real estate is located.

(Code 1950, § 46-468; 1958, c. 541, § 46.1-479; 1989, c. 727.)

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Last modified: April 3, 2009