{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/46.2-444.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/46.2-444.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/46.2-444.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/46.2-444.html"}],"law_id":67708,"edition_id":1,"section_id":67708,"structure_id":13021,"section_number":"46.2-444","catch_line":"Surety requirements of bond","history":"Code 1950, \u00a7 46-465; 1958, c. 541, \u00a7 46.1-476; 1989, c. 727.","full_text":"The bond mentioned in subdivision 2 of \u00a7 46.2-436 shall be duly executed by the person giving proof and by a surety company duly authorized to transact business in the Commonwealth or by the person giving proof and by one or more individual sureties owning real estate within the Commonwealth and having an equity therein in at least the amount of the bond and the real estate shall be scheduled in the bond. But the Commissioner may not accept any real estate bond unless it is first approved by the circuit court of the jurisdiction wherein the real estate is located.","order_by":null,"text":{"0":{"id":245257,"text":"The bond mentioned in subdivision 2 of \u00a7 46.2-436 shall be duly executed by the person giving proof and by a surety company duly authorized to transact business in the Commonwealth or by the person giving proof and by one or more individual sureties owning real estate within the Commonwealth and having an equity therein in at least the amount of the bond and the real estate shall be scheduled in the bond. But the Commissioner may not accept any real estate bond unless it is first approved by the circuit court of the jurisdiction wherein the real estate is located.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13021,"edition_id":1,"name":"Proof of Financial Responsibility","identifier":"15","label":"article","depth":4,"order_by":1,"parent_id":12772,"metadata":{},"date_created":"2026-06-26 03:44:09","date_modified":"2026-06-26 03:44:09","permalink":{"id":226003,"object_type":"structure","relational_id":13021,"identifier":"15","token":"46.2\/II\/3\/15","url":"\/46.2\/II\/3\/15\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12772,"edition_id":1,"name":"Licensure of Drivers","identifier":"3","label":"chapter","depth":3,"order_by":1,"parent_id":12771,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225629,"object_type":"structure","relational_id":12772,"identifier":"3","token":"46.2\/II\/3","url":"\/46.2\/II\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12771,"edition_id":1,"name":"Titling, Registration and Licensure","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12770,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225627,"object_type":"structure","relational_id":12771,"identifier":"II","token":"46.2\/II","url":"\/46.2\/II\/","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":56178,"structure_id":13021,"section_number":"46.2-435","catch_line":"Proof of financial responsibility to be furnished for each vehicle","url":"\/46.2-435\/","token":"46.2\/II\/3\/15\/46.2-435","metadata":false},{"id":86692,"structure_id":13021,"section_number":"46.2-436","catch_line":"Methods of proving financial responsibility","url":"\/46.2-436\/","token":"46.2\/II\/3\/15\/46.2-436","metadata":false},{"id":59435,"structure_id":13021,"section_number":"46.2-437","catch_line":"Proof of financial responsibility by owner in lieu of driver","url":"\/46.2-437\/","token":"46.2\/II\/3\/15\/46.2-437","metadata":false},{"id":81242,"structure_id":13021,"section_number":"46.2-438","catch_line":"Proof by owner of vehicles operated under permit or certificate of State Corporation Commission or Department of Motor Vehicles","url":"\/46.2-438\/","token":"46.2\/II\/3\/15\/46.2-438","metadata":false},{"id":59690,"structure_id":13021,"section_number":"46.2-439","catch_line":"Proof of financial responsibility in the future","url":"\/46.2-439\/","token":"46.2\/II\/3\/15\/46.2-439","metadata":false},{"id":76063,"structure_id":13021,"section_number":"46.2-440","catch_line":"Certificate for nonresident may be by carrier not qualified in Commonwealth","url":"\/46.2-440\/","token":"46.2\/II\/3\/15\/46.2-440","metadata":false},{"id":83456,"structure_id":13021,"section_number":"46.2-441","catch_line":"Nonresident may file proof of financial responsibility in the future from insurance company or other state-authorized entity providing insurance","url":"\/46.2-441\/","token":"46.2\/II\/3\/15\/46.2-441","metadata":false},{"id":82791,"structure_id":13021,"section_number":"46.2-442","catch_line":"Default of foreign insurance carrier","url":"\/46.2-442\/","token":"46.2\/II\/3\/15\/46.2-442","metadata":false},{"id":72138,"structure_id":13021,"section_number":"46.2-443","catch_line":"Chapter not applicable to certain policies of insurance","url":"\/46.2-443\/","token":"46.2\/II\/3\/15\/46.2-443","metadata":false},{"id":67708,"structure_id":13021,"section_number":"46.2-444","catch_line":"Surety requirements of bond","url":"\/46.2-444\/","token":"46.2\/II\/3\/15\/46.2-444","metadata":false},{"id":63707,"structure_id":13021,"section_number":"46.2-445","catch_line":"How bond to be conditioned","url":"\/46.2-445\/","token":"46.2\/II\/3\/15\/46.2-445","metadata":false},{"id":58275,"structure_id":13021,"section_number":"46.2-446","catch_line":"Notice to Commissioner prerequisite to cancellation of bond; cancellation not to affect rights arising prior thereto","url":"\/46.2-446\/","token":"46.2\/II\/3\/15\/46.2-446","metadata":false},{"id":67442,"structure_id":13021,"section_number":"46.2-447","catch_line":"Bond to constitute lien on real estate of surety","url":"\/46.2-447\/","token":"46.2\/II\/3\/15\/46.2-447","metadata":false},{"id":63036,"structure_id":13021,"section_number":"46.2-448","catch_line":"Notice of cancellation; record; fees","url":"\/46.2-448\/","token":"46.2\/II\/3\/15\/46.2-448","metadata":false},{"id":64220,"structure_id":13021,"section_number":"46.2-449","catch_line":"Cancellation of bond with individual sureties; certificates of cancellation","url":"\/46.2-449\/","token":"46.2\/II\/3\/15\/46.2-449","metadata":false},{"id":57185,"structure_id":13021,"section_number":"46.2-450","catch_line":"Order discharging lien of bond","url":"\/46.2-450\/","token":"46.2\/II\/3\/15\/46.2-450","metadata":false},{"id":70316,"structure_id":13021,"section_number":"46.2-451","catch_line":"Action or suit on bond","url":"\/46.2-451\/","token":"46.2\/II\/3\/15\/46.2-451","metadata":false},{"id":57448,"structure_id":13021,"section_number":"46.2-452","catch_line":"Parties to suit on bond with individual sureties","url":"\/46.2-452\/","token":"46.2\/II\/3\/15\/46.2-452","metadata":false},{"id":71761,"structure_id":13021,"section_number":"46.2-453","catch_line":"Proof of financial responsibility by delivering cash or securities","url":"\/46.2-453\/","token":"46.2\/II\/3\/15\/46.2-453","metadata":false},{"id":65751,"structure_id":13021,"section_number":"46.2-454","catch_line":"Moneys or securities to be deposited with State Treasurer subject to execution","url":"\/46.2-454\/","token":"46.2\/II\/3\/15\/46.2-454","metadata":false},{"id":74991,"structure_id":13021,"section_number":"46.2-455","catch_line":"Assessment for expense of holding deposits","url":"\/46.2-455\/","token":"46.2\/II\/3\/15\/46.2-455","metadata":false},{"id":54090,"structure_id":13021,"section_number":"46.2-456","catch_line":"Additional security if fund impaired by any legal process, or otherwise","url":"\/46.2-456\/","token":"46.2\/II\/3\/15\/46.2-456","metadata":false},{"id":62434,"structure_id":13021,"section_number":"46.2-457","catch_line":"Substitution of new proof; cancellation or return of old","url":"\/46.2-457\/","token":"46.2\/II\/3\/15\/46.2-457","metadata":false},{"id":80093,"structure_id":13021,"section_number":"46.2-458","catch_line":"Interpleader to determine rights in deposits; other proceedings","url":"\/46.2-458\/","token":"46.2\/II\/3\/15\/46.2-458","metadata":false},{"id":80162,"structure_id":13021,"section_number":"46.2-459","catch_line":"When other proof of financial responsibility required; suspension of license pending furnishing of proof required","url":"\/46.2-459\/","token":"46.2\/II\/3\/15\/46.2-459","metadata":false},{"id":59401,"structure_id":13021,"section_number":"46.2-460","catch_line":"When Commissioner to consent to cancellation of bond or policy, or return of money or securities","url":"\/46.2-460\/","token":"46.2\/II\/3\/15\/46.2-460","metadata":false},{"id":57581,"structure_id":13021,"section_number":"46.2-461","catch_line":"When Commissioner not to release proof of financial responsibility; affidavit of nonexistence of facts","url":"\/46.2-461\/","token":"46.2\/II\/3\/15\/46.2-461","metadata":false},{"id":67029,"structure_id":13021,"section_number":"46.2-462","catch_line":"New license or registration to person to whom proof surrendered","url":"\/46.2-462\/","token":"46.2\/II\/3\/15\/46.2-462","metadata":false},{"id":68440,"structure_id":13021,"section_number":"46.2-463","catch_line":"Penalty for forging evidence of financial responsibility","url":"\/46.2-463\/","token":"46.2\/II\/3\/15\/46.2-463","metadata":false}],"previous_section":{"id":72138,"structure_id":13021,"section_number":"46.2-443","catch_line":"Chapter not applicable to certain policies of insurance","url":"\/46.2-443\/","token":"46.2\/II\/3\/15\/46.2-443","metadata":false},"next_section":{"id":63707,"structure_id":13021,"section_number":"46.2-445","catch_line":"How bond to be conditioned","url":"\/46.2-445\/","token":"46.2\/II\/3\/15\/46.2-445","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-444\/","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 1958, chapter 541; in 1989, chapter 727.<\/p>","references":false,"refers_to":[{"id":86692,"section_number":"46.2-436","catch_line":"Methods of proving financial responsibility","order_by":null,"url":"\/46.2-436\/"}],"permalink":{"id":226041,"object_type":"law","relational_id":67708,"identifier":"46.2-444","token":"46.2\/II\/3\/15\/46.2-444","url":"\/46.2-444\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/46.2-444\/","token":"46.2\/II\/3\/15\/46.2-444","dublin_core":{"Title":"Surety requirements of bond","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-444","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">bond<\/span> mentioned in subdivision 2 of \u00a7&nbsp;<a class=\"law\" title=\"Methods of proving financial responsibility\" href=\"\/46.2-436\/\">46.2-436<\/a> shall be duly executed by the person giving proof and by a <span class=\"dictionary\">surety<\/span> company duly authorized to transact business in the Commonwealth or by the person giving proof and by one or more individual sureties owning real estate within the Commonwealth and having an <span class=\"dictionary\">equity<\/span> therein in at least the amount of the <span class=\"dictionary\">bond<\/span> and the real estate shall be scheduled in the <span class=\"dictionary\">bond<\/span>. But the <span class=\"dictionary\">Commissioner<\/span> may not accept any real estate <span class=\"dictionary\">bond<\/span> unless it is first approved by the <span class=\"dictionary\">circuit<\/span> <span class=\"dictionary\">court<\/span> of the <span class=\"dictionary\">jurisdiction<\/span> wherein the real estate is located.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nSURETY REQUIREMENTS OF BOND (\u00a7 46.2-444)\n\nThe bond mentioned in subdivision 2 of \u00a7 46.2-436 shall be duly executed by the\nperson giving proof and by a surety company duly authorized to transact business\nin the Commonwealth or by the person giving proof and by one or more individual\nsureties owning real estate within the Commonwealth and having an equity therein\nin at least the amount of the bond and the real estate shall be scheduled in the\nbond. But the Commissioner may not accept any real estate bond unless it is\nfirst approved by the circuit court of the jurisdiction wherein the real estate\nis located.\n\nHISTORY: Code 1950, \u00a7 46-465; 1958, c. 541, \u00a7 46.1-476; 1989, c. 727.","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}}