{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/3.2-4718.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/3.2-4718.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/3.2-4718.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/3.2-4718.html"}],"law_id":59371,"edition_id":1,"section_id":59371,"structure_id":14899,"section_number":"3.2-4718","catch_line":"Execution and terms of bond; action thereon","history":"Code 1950, \u00a7 3-542; 1966, c. 702, \u00a7 3.1-700; 2008, c. 860.","full_text":"The bond shall be executed by the applicant as principal and by a surety company qualified and authorized to do business in the Commonwealth as surety or by such personal surety as may be approved by the circuit court of the locality where the applicant resides or has his principal office. The bond shall be conditioned upon compliance with the provisions of this article and upon the faithful and honest handling of farm products in accordance with the terms of this article. The bond shall be to the Commonwealth in favor of every consignor of farm products. Any consignor of farm products claiming to be injured by the fraud, deceit or negligence of any commission merchant may bring action upon the bond against either the principal, or the surety, or both in an appropriate court to recover the damages caused by such fraud, deceit or negligence, or the failure to comply with the provisions of this article, or to make prompt and accurate settlement with the consignor.","order_by":null,"text":{"0":{"id":217573,"text":"The bond shall be executed by the applicant as principal and by a surety company qualified and authorized to do business in the Commonwealth as surety or by such personal surety as may be approved by the circuit court of the locality where the applicant resides or has his principal office. The bond shall be conditioned upon compliance with the provisions of this article and upon the faithful and honest handling of farm products in accordance with the terms of this article. The bond shall be to the Commonwealth in favor of every consignor of farm products. Any consignor of farm products claiming to be injured by the fraud, deceit or negligence of any commission merchant may bring action upon the bond against either the principal, or the surety, or both in an appropriate court to recover the damages caused by such fraud, deceit or negligence, or the failure to comply with the provisions of this article, or to make prompt and accurate settlement with the consignor.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14899,"edition_id":1,"name":"Commission Merchants","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13865,"metadata":{},"date_created":"2026-06-26 03:50:39","date_modified":"2026-06-26 03:50:39","permalink":{"id":196689,"object_type":"structure","relational_id":14899,"identifier":"2","token":"3.2\/III\/47\/2","url":"\/3.2\/III\/47\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13865,"edition_id":1,"name":"Sale of Farm Produce","identifier":"47","label":"chapter","depth":3,"order_by":1,"parent_id":13102,"metadata":{},"date_created":"2026-06-26 03:46:07","date_modified":"2026-06-26 03:46:07","permalink":{"id":196649,"object_type":"structure","relational_id":13865,"identifier":"47","token":"3.2\/III\/47","url":"\/3.2\/III\/47\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13102,"edition_id":1,"name":"Production and Sale of Agricultural Products","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12793,"metadata":{},"date_created":"2026-06-26 03:44:17","date_modified":"2026-06-26 03:44:17","permalink":{"id":195443,"object_type":"structure","relational_id":13102,"identifier":"III","token":"3.2\/III","url":"\/3.2\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12793,"edition_id":1,"name":"Agriculture, Animal Care, and Food","identifier":"3.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":193939,"object_type":"structure","relational_id":12793,"identifier":"3.2","token":"3.2","url":"\/3.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":69243,"structure_id":14899,"section_number":"3.2-4709","catch_line":"Definitions","url":"\/3.2-4709\/","token":"3.2\/III\/47\/2\/3.2-4709","metadata":false},{"id":66776,"structure_id":14899,"section_number":"3.2-4710","catch_line":"Certain activities exempt from article","url":"\/3.2-4710\/","token":"3.2\/III\/47\/2\/3.2-4710","metadata":false},{"id":74700,"structure_id":14899,"section_number":"3.2-4711","catch_line":"License required; application for license to be in writing; contents","url":"\/3.2-4711\/","token":"3.2\/III\/47\/2\/3.2-4711","metadata":false},{"id":61615,"structure_id":14899,"section_number":"3.2-4712","catch_line":"Fee and bond to accompany license","url":"\/3.2-4712\/","token":"3.2\/III\/47\/2\/3.2-4712","metadata":false},{"id":74988,"structure_id":14899,"section_number":"3.2-4713","catch_line":"Applications for renewal licenses","url":"\/3.2-4713\/","token":"3.2\/III\/47\/2\/3.2-4713","metadata":false},{"id":73147,"structure_id":14899,"section_number":"3.2-4714","catch_line":"Disposition of sums received for licenses","url":"\/3.2-4714\/","token":"3.2\/III\/47\/2\/3.2-4714","metadata":false},{"id":87074,"structure_id":14899,"section_number":"3.2-4715","catch_line":"Certified copy of license; fee; posting of license during sale periods","url":"\/3.2-4715\/","token":"3.2\/III\/47\/2\/3.2-4715","metadata":false},{"id":61505,"structure_id":14899,"section_number":"3.2-4716","catch_line":"Bond not required for certain auction sales of livestock","url":"\/3.2-4716\/","token":"3.2\/III\/47\/2\/3.2-4716","metadata":false},{"id":79301,"structure_id":14899,"section_number":"3.2-4717","catch_line":"Agreements with U.S. Department of Agriculture; powers and duties of Commissioner as to bonds filed with U.S. Department of Agriculture","url":"\/3.2-4717\/","token":"3.2\/III\/47\/2\/3.2-4717","metadata":false},{"id":59371,"structure_id":14899,"section_number":"3.2-4718","catch_line":"Execution and terms of bond; action thereon","url":"\/3.2-4718\/","token":"3.2\/III\/47\/2\/3.2-4718","metadata":false},{"id":61789,"structure_id":14899,"section_number":"3.2-4719","catch_line":"Duties and powers of Commissioner with respect to bonds","url":"\/3.2-4719\/","token":"3.2\/III\/47\/2\/3.2-4719","metadata":false},{"id":81541,"structure_id":14899,"section_number":"3.2-4720","catch_line":"Schedule of commissions and charges to be filed","url":"\/3.2-4720\/","token":"3.2\/III\/47\/2\/3.2-4720","metadata":false},{"id":65540,"structure_id":14899,"section_number":"3.2-4721","catch_line":"Investigation of transactions by Commissioner","url":"\/3.2-4721\/","token":"3.2\/III\/47\/2\/3.2-4721","metadata":false},{"id":75976,"structure_id":14899,"section_number":"3.2-4722","catch_line":"Complaint to Commissioner by consignor; Commissioner's action","url":"\/3.2-4722\/","token":"3.2\/III\/47\/2\/3.2-4722","metadata":false},{"id":61855,"structure_id":14899,"section_number":"3.2-4723","catch_line":"Right of entry; administration of oaths; testimony","url":"\/3.2-4723\/","token":"3.2\/III\/47\/2\/3.2-4723","metadata":false},{"id":80571,"structure_id":14899,"section_number":"3.2-4724","catch_line":"Grounds for refusal or revocation of license","url":"\/3.2-4724\/","token":"3.2\/III\/47\/2\/3.2-4724","metadata":false},{"id":86015,"structure_id":14899,"section_number":"3.2-4725","catch_line":"Publication of revocation","url":"\/3.2-4725\/","token":"3.2\/III\/47\/2\/3.2-4725","metadata":false},{"id":83225,"structure_id":14899,"section_number":"3.2-4726","catch_line":"Failure to comply with orders of Commissioner constitutes contempt","url":"\/3.2-4726\/","token":"3.2\/III\/47\/2\/3.2-4726","metadata":false},{"id":71737,"structure_id":14899,"section_number":"3.2-4727","catch_line":"Copies of papers in Commissioner's office as prima facie evidence","url":"\/3.2-4727\/","token":"3.2\/III\/47\/2\/3.2-4727","metadata":false},{"id":74485,"structure_id":14899,"section_number":"3.2-4728","catch_line":"Appeal from orders and actions of Commissioner","url":"\/3.2-4728\/","token":"3.2\/III\/47\/2\/3.2-4728","metadata":false},{"id":56876,"structure_id":14899,"section_number":"3.2-4729","catch_line":"Records to be kept by commission merchant","url":"\/3.2-4729\/","token":"3.2\/III\/47\/2\/3.2-4729","metadata":false},{"id":64230,"structure_id":14899,"section_number":"3.2-4730","catch_line":"Detailed statements shall be kept of claims for overcharges or damages filed by commission merchant for consignor","url":"\/3.2-4730\/","token":"3.2\/III\/47\/2\/3.2-4730","metadata":false},{"id":74049,"structure_id":14899,"section_number":"3.2-4731","catch_line":"Record and account, together with remittance for each sale, to be delivered to consignor","url":"\/3.2-4731\/","token":"3.2\/III\/47\/2\/3.2-4731","metadata":false},{"id":67115,"structure_id":14899,"section_number":"3.2-4732","catch_line":"Copies of records to be kept by commission merchant","url":"\/3.2-4732\/","token":"3.2\/III\/47\/2\/3.2-4732","metadata":false},{"id":68551,"structure_id":14899,"section_number":"3.2-4733","catch_line":"Certificate establishing condition, quality, and grade to be furnished by Commissioner in event of dispute","url":"\/3.2-4733\/","token":"3.2\/III\/47\/2\/3.2-4733","metadata":false},{"id":65285,"structure_id":14899,"section_number":"3.2-4734","catch_line":"Duty of attorney for the Commonwealth","url":"\/3.2-4734\/","token":"3.2\/III\/47\/2\/3.2-4734","metadata":false},{"id":86248,"structure_id":14899,"section_number":"3.2-4735","catch_line":"Venue","url":"\/3.2-4735\/","token":"3.2\/III\/47\/2\/3.2-4735","metadata":false},{"id":79663,"structure_id":14899,"section_number":"3.2-4736","catch_line":"License required","url":"\/3.2-4736\/","token":"3.2\/III\/47\/2\/3.2-4736","metadata":false},{"id":59793,"structure_id":14899,"section_number":"3.2-4737","catch_line":"Offenses and punishment","url":"\/3.2-4737\/","token":"3.2\/III\/47\/2\/3.2-4737","metadata":false}],"previous_section":{"id":79301,"structure_id":14899,"section_number":"3.2-4717","catch_line":"Agreements with U.S. Department of Agriculture; powers and duties of Commissioner as to bonds filed with U.S. Department of Agriculture","url":"\/3.2-4717\/","token":"3.2\/III\/47\/2\/3.2-4717","metadata":false},"next_section":{"id":61789,"structure_id":14899,"section_number":"3.2-4719","catch_line":"Duties and powers of Commissioner with respect to bonds","url":"\/3.2-4719\/","token":"3.2\/III\/47\/2\/3.2-4719","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/3.2-4718\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1966, chapter 702; in 2008, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?081+ful+CHAP0860\">860<\/a>.<\/p>","references":[{"id":61789,"section_number":"3.2-4719","catch_line":"Duties and powers of Commissioner with respect to bonds","order_by":null,"url":"\/3.2-4719\/"}],"refers_to":false,"permalink":{"id":196727,"object_type":"law","relational_id":59371,"identifier":"3.2-4718","token":"3.2\/III\/47\/2\/3.2-4718","url":"\/3.2-4718\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/3.2-4718\/","token":"3.2\/III\/47\/2\/3.2-4718","dublin_core":{"Title":"Execution and terms of bond; action thereon","Type":"Text","Format":"text\/html","Identifier":"\u00a7 3.2-4718","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">bond<\/span> shall be executed by the applicant as principal and by a <span class=\"dictionary\">surety<\/span> company qualified and authorized to do business in the Commonwealth as <span class=\"dictionary\">surety<\/span> or by such personal <span class=\"dictionary\">surety<\/span> as may be approved by the <span class=\"dictionary\">circuit<\/span> <span class=\"dictionary\">court<\/span> of the locality where the applicant resides or has his principal office. The <span class=\"dictionary\">bond<\/span> shall be conditioned upon compliance with the provisions of this article and upon the faithful and honest handling of <span class=\"dictionary\">farm products<\/span> in accordance with the terms of this article. The <span class=\"dictionary\">bond<\/span> shall be to the Commonwealth in favor of every consignor of <span class=\"dictionary\">farm products<\/span>. Any consignor of <span class=\"dictionary\">farm products<\/span> claiming to be injured by the <span class=\"dictionary\">fraud<\/span>, deceit or <span class=\"dictionary\">negligence<\/span> of any <span class=\"dictionary\">commission merchant<\/span> may bring action upon the <span class=\"dictionary\">bond<\/span> against either the principal, or the <span class=\"dictionary\">surety<\/span>, or both in an appropriate <span class=\"dictionary\">court<\/span> to recover the <span class=\"dictionary\">damages<\/span> caused by such <span class=\"dictionary\">fraud<\/span>, deceit or <span class=\"dictionary\">negligence<\/span>, or the failure to comply with the provisions of this article, or to make prompt and accurate <span class=\"dictionary\">settlement<\/span> with the consignor.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXECUTION AND TERMS OF BOND; ACTION THEREON (\u00a7 3.2-4718)\n\nThe bond shall be executed by the applicant as principal and by a surety company\nqualified and authorized to do business in the Commonwealth as surety or by such\npersonal surety as may be approved by the circuit court of the locality where\nthe applicant resides or has his principal office. The bond shall be conditioned\nupon compliance with the provisions of this article and upon the faithful and\nhonest handling of farm products in accordance with the terms of this article.\nThe bond shall be to the Commonwealth in favor of every consignor of farm\nproducts. Any consignor of farm products claiming to be injured by the fraud,\ndeceit or negligence of any commission merchant may bring action upon the bond\nagainst either the principal, or the surety, or both in an appropriate court to\nrecover the damages caused by such fraud, deceit or negligence, or the failure\nto comply with the provisions of this article, or to make prompt and accurate\nsettlement with the consignor.\n\nHISTORY: Code 1950, \u00a7 3-542; 1966, c. 702, \u00a7 3.1-700; 2008, c. 860.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}