§ 46.2-446 Notice to Commissioner prerequisite to cancellation of bond; cancellation not to affect rights arising prior thereto
No bond shall be cancelled unless twenty days’ prior written notice of cancellation is given the Commissioner, but cancellation of the bond shall not prevent recovery thereon with respect to any right or cause of action arising prior to the date of cancellation.
History
The record of this law’s original creation isn’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1958, chapter 541; in 1989, chapter 727.
Code 1950, § 46-467; 1958, c. 541, § 46.1-478; 1989, c. 727.