§ 46.2-451. Action or suit on bond
If a final judgment rendered against the principal on the bond filed with the Commissioner as provided in this chapter is not satisfied within fifteen days after its rendition, the judgment creditor may, for his own use and benefit and at his sole expense, bring an action on the bond in the name of the Commonwealth against the company or persons executing the bond.
(Code 1950, § 46-472; 1958, c. 541, § 46.1-483; 1989, c. 727.)
Sections: Previous 46.2-444 46.2-445 46.2-446 46.2-447 46.2-448 46.2-449 46.2-450 46.2-451 46.2-452 46.2-453 46.2-454 46.2-455 46.2-456 46.2-457 46.2-458 NextLast modified: April 3, 2009