§ 58.1-2416. Assignment to Commissioner required with other security
Any rentor who shall so deposit with the Commissioner bonds of the United States government or of the Commonwealth of Virginia, or a certificate of deposit, in lieu of filing a surety bond, shall at the time deliver to the Commissioner an assignment authorizing him to use the bonds or any part thereof, or to receive payment of the certificate of deposit as the case may be, for the purpose of paying any liability of the rentor to the Commonwealth for rental tax due and payable by him, including any and all penalties and interest accrued thereon and any damages for which he may be liable by reason of his failure to comply with any of the other provisions of this chapter.
(Code 1950, § 58-685.17:5; 1982, c. 141; 1984, c. 675.)
Sections: Previous 58.1-2409 58.1-2410 58.1-2411 58.1-2412 58.1-2413 58.1-2414 58.1-2415 58.1-2416 58.1-2417 58.1-2418 58.1-2419 58.1-2420 58.1-2421 58.1-2422 58.1-2423 NextLast modified: April 3, 2009