{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/46.2-2143.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/46.2-2143.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/46.2-2143.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/46.2-2143.html"}],"law_id":69236,"edition_id":1,"section_id":69236,"structure_id":13603,"section_number":"46.2-2143","catch_line":"Surety bonds, insurance, letter of credit or securities required prior to issuance of registration","history":"2001, c. 596; 2006, c. 208; 2011, cc. 881, 889; 2012, c. 638; 2017, cc. 790, 815.","full_text":"No certificate of fitness, permit, registration card, or license plate shall be issued by the Department to any motor carrier or for any vehicle operated by or on behalf of a motor carrier until the motor carrier certifies to the Department that the vehicle is covered by one or more of the following, in the amount or amounts set forth in \u00a7 46.2-2143.1:\n\n1\n\nAn insurance policy or bond;2\n\nA certificate of insurance in lieu of the insurance policy or bond, certifying that such policy or bond covers the liability of such motor carrier in accordance with the provisions of this article, is issued by an authorized insurer, or in the case of bonds, is in an amount approved by the Department. The bonds may be issued by the Commonwealth of Virginia, the United States of America, or any municipality in the Commonwealth. Such bonds shall be deposited with the State Treasurer and the surety shall not be reduced except in accordance with an order of the Department;3\n\nAn unconditional letter of credit, issued by a bank doing business in Virginia, for an amount approved by the Department. The letter of credit shall be in effect so long as the motor carrier operates motor vehicles in the Commonwealth; or4\n\nIn the case of a lessor who acts as a registrant for purposes of consolidating lessees’ vehicle registration applications, a statement that the registrant has, before leasing a vehicle, obtained from the lessee an insurance policy, bond, or certificate of insurance in lieu of the insurance policy or bond and can make available said proof of insurance coverage upon demand.\n\t\t\tVehicles belonging to carriers who have filed proof of financial responsibility in accordance with the unified carrier registration system authorized by 49 U.S.C. § 14504a are deemed to have fulfilled the requirements of this article for insurance purposes. The Department is further authorized to register any qualified carrier under the unified carrier registration system as well as to collect and disperse the fees for registration under that system.","order_by":null,"text":{"0":{"id":250505,"text":"No certificate of fitness, permit, registration card, or license plate shall be issued by the Department to any motor carrier or for any vehicle operated by or on behalf of a motor carrier until the motor carrier certifies to the Department that the vehicle is covered by one or more of the following, in the amount or amounts set forth in \u00a7 46.2-2143.1:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":250506,"text":"An insurance policy or bond;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":250507,"text":"A certificate of insurance in lieu of the insurance policy or bond, certifying that such policy or bond covers the liability of such motor carrier in accordance with the provisions of this article, is issued by an authorized insurer, or in the case of bonds, is in an amount approved by the Department. The bonds may be issued by the Commonwealth of Virginia, the United States of America, or any municipality in the Commonwealth. Such bonds shall be deposited with the State Treasurer and the surety shall not be reduced except in accordance with an order of the Department;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":250508,"text":"An unconditional letter of credit, issued by a bank doing business in Virginia, for an amount approved by the Department. The letter of credit shall be in effect so long as the motor carrier operates motor vehicles in the Commonwealth; or","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":250509,"text":"In the case of a lessor who acts as a registrant for purposes of consolidating lessees’ vehicle registration applications, a statement that the registrant has, before leasing a vehicle, obtained from the lessee an insurance policy, bond, or certificate of insurance in lieu of the insurance policy or bond and can make available said proof of insurance coverage upon demand.\n\t\t\tVehicles belonging to carriers who have filed proof of financial responsibility in accordance with the unified carrier registration system authorized by 49 U.S.C. § 14504a are deemed to have fulfilled the requirements of this article for insurance purposes. The Department is further authorized to register any qualified carrier under the unified carrier registration system as well as to collect and disperse the fees for registration under that system.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"ancestry":[{"id":13603,"edition_id":1,"name":"Insurance Requirements","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13444,"metadata":{},"date_created":"2026-06-26 03:45:21","date_modified":"2026-06-26 03:45:21","permalink":{"id":232679,"object_type":"structure","relational_id":13603,"identifier":"2","token":"46.2\/V\/21\/2","url":"\/46.2\/V\/21\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13444,"edition_id":1,"name":"Regulation of Property Carriers","identifier":"21","label":"chapter","depth":3,"order_by":1,"parent_id":13318,"metadata":{},"date_created":"2026-06-26 03:44:54","date_modified":"2026-06-26 03:44:54","permalink":{"id":232515,"object_type":"structure","relational_id":13444,"identifier":"21","token":"46.2\/V\/21","url":"\/46.2\/V\/21\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13318,"edition_id":1,"name":"Motor Carriers","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12770,"metadata":{},"date_created":"2026-06-26 03:44:38","date_modified":"2026-06-26 03:44:38","permalink":{"id":231965,"object_type":"structure","relational_id":13318,"identifier":"V","token":"46.2\/V","url":"\/46.2\/V\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12770,"edition_id":1,"name":"Motor Vehicles","identifier":"46.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225289,"object_type":"structure","relational_id":12770,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":83367,"structure_id":13603,"section_number":"46.2-2141","catch_line":"Application of article","url":"\/46.2-2141\/","token":"46.2\/V\/21\/2\/46.2-2141","metadata":false},{"id":83233,"structure_id":13603,"section_number":"46.2-2142","catch_line":"Bonds or insurance to be kept in force; amounts","url":"\/46.2-2142\/","token":"46.2\/V\/21\/2\/46.2-2142","metadata":false},{"id":69236,"structure_id":13603,"section_number":"46.2-2143","catch_line":"Surety bonds, insurance, letter of credit or securities required prior to issuance of registration","url":"\/46.2-2143\/","token":"46.2\/V\/21\/2\/46.2-2143","metadata":false},{"id":69617,"structure_id":13603,"section_number":"46.2-2143.1","catch_line":"Insurance requirement for motor carriers","url":"\/46.2-2143.1\/","token":"46.2\/V\/21\/2\/46.2-2143.1","metadata":false},{"id":54571,"structure_id":13603,"section_number":"46.2-2143.2","catch_line":"Special insurance provisions for certain carriers","url":"\/46.2-2143.2\/","token":"46.2\/V\/21\/2\/46.2-2143.2","metadata":false},{"id":75251,"structure_id":13603,"section_number":"46.2-2144","catch_line":"Policies or surety bonds to be filed with the Department and securities with State Treasurer","url":"\/46.2-2144\/","token":"46.2\/V\/21\/2\/46.2-2144","metadata":false},{"id":80119,"structure_id":13603,"section_number":"46.2-2145","catch_line":"Condition or obligation of security","url":"\/46.2-2145\/","token":"46.2\/V\/21\/2\/46.2-2145","metadata":false},{"id":68028,"structure_id":13603,"section_number":"46.2-2146","catch_line":"Effect of unfair claims settlement practices on self-insured motor carriers","url":"\/46.2-2146\/","token":"46.2\/V\/21\/2\/46.2-2146","metadata":false}],"previous_section":{"id":83233,"structure_id":13603,"section_number":"46.2-2142","catch_line":"Bonds or insurance to be kept in force; amounts","url":"\/46.2-2142\/","token":"46.2\/V\/21\/2\/46.2-2142","metadata":false},"next_section":{"id":69617,"structure_id":13603,"section_number":"46.2-2143.1","catch_line":"Insurance requirement for motor carriers","url":"\/46.2-2143.1\/","token":"46.2\/V\/21\/2\/46.2-2143.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-2143\/","history_text":"

This law was first created in 2001. The record of its establishment is cataloged in chapter 596<\/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 4 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 2006, chapter 208<\/a>; in 2011, chapters 881<\/a> and 889<\/a>; in 2012, chapter 638<\/a>; in 2017, chapters 790<\/a> and 815<\/a>.<\/p>","references":false,"refers_to":[{"id":69617,"section_number":"46.2-2143.1","catch_line":"Insurance requirement for motor carriers","order_by":null,"url":"\/46.2-2143.1\/"}],"permalink":{"id":232689,"object_type":"law","relational_id":69236,"identifier":"46.2-2143","token":"46.2\/V\/21\/2\/46.2-2143","url":"\/46.2-2143\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/46.2-2143\/","token":"46.2\/V\/21\/2\/46.2-2143","dublin_core":{"Title":"Surety bonds, insurance, letter of credit or securities required prior to issuance of registration","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-2143","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

No certificate of fitness<\/span>, permit<\/span>, registration card, or license plate<\/span> shall be issued by the Department<\/span> to any motor carrier<\/span> or for any vehicle<\/span> operated by or on behalf of a motor carrier<\/span> until the motor carrier<\/span> certifies to the Department<\/span> that the vehicle<\/span> is covered by one or more of the following, in the amount or amounts set forth in \u00a7 46.2-2143.1<\/a>:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> An insurance policy or bond<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A certificate of insurance in lieu of the insurance policy or bond<\/span>, certifying that such policy or bond<\/span> covers the liability of such motor carrier<\/span> in accordance with the provisions of this article, is issued by an authorized insurer, or in the case of bonds<\/span>, is in an amount approved by the Department<\/span>. The bonds<\/span> may be issued by the Commonwealth of Virginia, the United States of America, or any municipality in the Commonwealth. Such bonds<\/span> shall be deposited with the State Treasurer and the surety<\/span> shall not be reduced except in accordance with an order<\/span> of the Department<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> An unconditional letter of credit, issued by a bank doing business in Virginia, for an amount approved by the Department<\/span>. The letter of credit shall be in effect so long as the motor carrier<\/span> operates motor vehicles<\/span> in the Commonwealth; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> In the case of a lessor who acts as a registrant for purposes of consolidating lessees’ vehicle<\/span> registration applications, a statement that the registrant has, before leasing a vehicle<\/span>, obtained from the lessee an insurance policy, bond<\/span>, or certificate of insurance in lieu of the insurance policy or bond<\/span> and can make available said proof of insurance coverage upon demand.\n\t\t\tVehicles belonging to carriers who have filed proof of financial responsibility<\/span> in accordance with the unified carrier registration system authorized by 49 U.S.C. § 14504a are deemed to have fulfilled the requirements of this article for insurance purposes. The Department<\/span> is further authorized to register any qualified carrier under the unified carrier registration system as well as to collect and disperse the fees for registration under that system. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nSURETY BONDS, INSURANCE, LETTER OF CREDIT OR SECURITIES REQUIRED PRIOR TO\nISSUANCE OF REGISTRATION (\u00a7 46.2-2143)\n\nNo certificate of fitness, permit, registration card, or license plate shall be\nissued by the Department to any motor carrier or for any vehicle operated by or\non behalf of a motor carrier until the motor carrier certifies to the Department\nthat the vehicle is covered by one or more of the following, in the amount or\namounts set forth in \u00a7 46.2-2143.1:\n\n1. An insurance policy or bond;\n\n2. A certificate of insurance in lieu of the insurance policy or bond,\ncertifying that such policy or bond covers the liability of such motor carrier\nin accordance with the provisions of this article, is issued by an authorized\ninsurer, or in the case of bonds, is in an amount approved by the Department.\nThe bonds may be issued by the Commonwealth of Virginia, the United States of\nAmerica, or any municipality in the Commonwealth. Such bonds shall be deposited\nwith the State Treasurer and the surety shall not be reduced except in\naccordance with an order of the Department;\n\n3. An unconditional letter of credit, issued by a bank doing business in\nVirginia, for an amount approved by the Department. The letter of credit shall\nbe in effect so long as the motor carrier operates motor vehicles in the\nCommonwealth; or\n\n4. In the case of a lessor who acts as a registrant for purposes of\nconsolidating lessees’ vehicle registration applications, a statement that\nthe registrant has, before leasing a vehicle, obtained from the lessee an\ninsurance policy, bond, or certificate of insurance in lieu of the insurance\npolicy or bond and can make available said proof of insurance coverage upon\ndemand.\n\t\t\tVehicles belonging to carriers who have filed proof of financial\nresponsibility in accordance with the unified carrier registration system\nauthorized by 49 U.S.C. § 14504a are deemed to have fulfilled the\nrequirements of this article for insurance purposes. The Department is further\nauthorized to register any qualified carrier under the unified carrier\nregistration system as well as to collect and disperse the fees for registration\nunder that system.\n\nHISTORY: 2001, c. 596; 2006, c. 208; 2011, cc. 881, 889; 2012, c. 638; 2017, cc.\n790, 815.","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}}