{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/3.2-4767.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/3.2-4767.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/3.2-4767.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/3.2-4767.html"}],"law_id":60119,"edition_id":1,"section_id":60119,"structure_id":13866,"section_number":"3.2-4767","catch_line":"Execution and terms of bond; action","history":"2000, c. 584, \u00a7 3.1-722.35; 2008, c. 860.","full_text":"Bonds required by \u00a7 3.2-4765 shall be executed by the applicant as principal and by a surety company authorized and qualified to do business in the Commonwealth as surety. The applicant shall file on or before July 1 of each licensing year a copy of the bond with the Commissioner, and the Commissioner shall be designated as the trustee of this bond. The bond shall be conditioned upon compliance with the provisions of this article and upon prompt and accurate settlement with the consignor. Any consignor of cotton claiming that a cotton handler has failed to comply with the provisions of this article or any regulations adopted hereunder, or has failed to settle promptly and accurately with the consignor, may bring action upon the cotton handler’s bond against either the principal, or the surety, or both, in an appropriate court.","order_by":null,"text":{"0":{"id":219983,"text":"Bonds required by \u00a7 3.2-4765 shall be executed by the applicant as principal and by a surety company authorized and qualified to do business in the Commonwealth as surety. The applicant shall file on or before July 1 of each licensing year a copy of the bond with the Commissioner, and the Commissioner shall be designated as the trustee of this bond. The bond shall be conditioned upon compliance with the provisions of this article and upon prompt and accurate settlement with the consignor. Any consignor of cotton claiming that a cotton handler has failed to comply with the provisions of this article or any regulations adopted hereunder, or has failed to settle promptly and accurately with the consignor, may bring action upon the cotton handler’s bond against either the principal, or the surety, or both, in an appropriate court.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13866,"edition_id":1,"name":"Cotton Handlers","identifier":"5","label":"article","depth":4,"order_by":1,"parent_id":13865,"metadata":{},"date_created":"2026-06-26 03:46:07","date_modified":"2026-06-26 03:46:07","permalink":{"id":196915,"object_type":"structure","relational_id":13866,"identifier":"5","token":"3.2\/III\/47\/5","url":"\/3.2\/III\/47\/5\/","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":60628,"structure_id":13866,"section_number":"3.2-4764","catch_line":"Definitions","url":"\/3.2-4764\/","token":"3.2\/III\/47\/5\/3.2-4764","metadata":false},{"id":62264,"structure_id":13866,"section_number":"3.2-4765","catch_line":"License required; application; license fee and bond","url":"\/3.2-4765\/","token":"3.2\/III\/47\/5\/3.2-4765","metadata":false},{"id":67220,"structure_id":13866,"section_number":"3.2-4766","catch_line":"Additional information to be reported by cotton gin each license year","url":"\/3.2-4766\/","token":"3.2\/III\/47\/5\/3.2-4766","metadata":false},{"id":60119,"structure_id":13866,"section_number":"3.2-4767","catch_line":"Execution and terms of bond; action","url":"\/3.2-4767\/","token":"3.2\/III\/47\/5\/3.2-4767","metadata":false},{"id":63355,"structure_id":13866,"section_number":"3.2-4768","catch_line":"Duties and powers of Commissioner with respect to bonds","url":"\/3.2-4768\/","token":"3.2\/III\/47\/5\/3.2-4768","metadata":false},{"id":65356,"structure_id":13866,"section_number":"3.2-4769","catch_line":"Investigation by Commissioner; right of entry and inspection","url":"\/3.2-4769\/","token":"3.2\/III\/47\/5\/3.2-4769","metadata":false},{"id":81734,"structure_id":13866,"section_number":"3.2-4770","catch_line":"Records to be kept by cotton handler","url":"\/3.2-4770\/","token":"3.2\/III\/47\/5\/3.2-4770","metadata":false},{"id":57976,"structure_id":13866,"section_number":"3.2-4771","catch_line":"Record and accounts to be provided to consignor","url":"\/3.2-4771\/","token":"3.2\/III\/47\/5\/3.2-4771","metadata":false},{"id":54894,"structure_id":13866,"section_number":"3.2-4772","catch_line":"Certificate establishing condition, quality, grade to be furnished","url":"\/3.2-4772\/","token":"3.2\/III\/47\/5\/3.2-4772","metadata":false},{"id":68560,"structure_id":13866,"section_number":"3.2-4773","catch_line":"Identification of finished bales of cotton","url":"\/3.2-4773\/","token":"3.2\/III\/47\/5\/3.2-4773","metadata":false},{"id":61052,"structure_id":13866,"section_number":"3.2-4774","catch_line":"Denial, suspension, or revocation of a license","url":"\/3.2-4774\/","token":"3.2\/III\/47\/5\/3.2-4774","metadata":false},{"id":84326,"structure_id":13866,"section_number":"3.2-4775","catch_line":"Offenses and punishment","url":"\/3.2-4775\/","token":"3.2\/III\/47\/5\/3.2-4775","metadata":false}],"previous_section":{"id":67220,"structure_id":13866,"section_number":"3.2-4766","catch_line":"Additional information to be reported by cotton gin each license year","url":"\/3.2-4766\/","token":"3.2\/III\/47\/5\/3.2-4766","metadata":false},"next_section":{"id":63355,"structure_id":13866,"section_number":"3.2-4768","catch_line":"Duties and powers of Commissioner with respect to bonds","url":"\/3.2-4768\/","token":"3.2\/III\/47\/5\/3.2-4768","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/3.2-4767\/","history_text":"

This law was first created in 2000. The record of its establishment is cataloged in chapter 584<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. 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. That modification is as follows: in 2008, chapter 860<\/a>.<\/p>","references":[{"id":62264,"section_number":"3.2-4765","catch_line":"License required; application; license fee and bond","order_by":null,"url":"\/3.2-4765\/"}],"refers_to":[{"id":62264,"section_number":"3.2-4765","catch_line":"License required; application; license fee and bond","order_by":null,"url":"\/3.2-4765\/"}],"permalink":{"id":196929,"object_type":"law","relational_id":60119,"identifier":"3.2-4767","token":"3.2\/III\/47\/5\/3.2-4767","url":"\/3.2-4767\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/3.2-4767\/","token":"3.2\/III\/47\/5\/3.2-4767","dublin_core":{"Title":"Execution and terms of bond; action","Type":"Text","Format":"text\/html","Identifier":"\u00a7 3.2-4767","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Bonds<\/span> required by \u00a7 3.2-4765<\/a> shall be executed by the applicant as principal and by a surety<\/span> company authorized and qualified to do business in the Commonwealth as surety<\/span>. The applicant shall file on or before July 1 of each licensing year a copy of the bond<\/span> with the Commissioner<\/span>, and the Commissioner<\/span> shall be designated as the trustee of this bond<\/span>. The bond<\/span> shall be conditioned upon compliance with the provisions of this article and upon prompt and accurate settlement<\/span> with the consignor. Any consignor of cotton claiming that a cotton handler<\/span> has failed to comply with the provisions of this article or any regulations adopted hereunder, or has failed to settle promptly and accurately with the consignor, may bring action upon the cotton handler<\/span>’s bond<\/span> against either the principal, or the surety<\/span>, or both, in an appropriate court<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXECUTION AND TERMS OF BOND; ACTION (\u00a7 3.2-4767)\n\nBonds required by \u00a7 3.2-4765 shall be executed by the applicant as principal\nand by a surety company authorized and qualified to do business in the\nCommonwealth as surety. The applicant shall file on or before July 1 of each\nlicensing year a copy of the bond with the Commissioner, and the Commissioner\nshall be designated as the trustee of this bond. The bond shall be conditioned\nupon compliance with the provisions of this article and upon prompt and accurate\nsettlement with the consignor. Any consignor of cotton claiming that a cotton\nhandler has failed to comply with the provisions of this article or any\nregulations adopted hereunder, or has failed to settle promptly and accurately\nwith the consignor, may bring action upon the cotton handler’s bond\nagainst either the principal, or the surety, or both, in an appropriate court.\n\nHISTORY: 2000, c. 584, \u00a7 3.1-722.35; 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}}