{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/54.1-4107.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/54.1-4107.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/54.1-4107.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/54.1-4107.html"}],"law_id":81675,"edition_id":1,"section_id":81675,"structure_id":14670,"section_number":"54.1-4107","catch_line":"Private action on bond or letter of credit","history":"1981, c. 581, \u00a7 54-859.22; 1988, c. 765.","full_text":"Any person aggrieved by the misconduct of any dealer which violated the provisions of this chapter may maintain an action for recovery in any court of proper jurisdiction against the dealer and his surety. Recovery against the surety shall be only for that amount of the judgment which is unsatisfied by the dealer.","order_by":null,"text":{"0":{"id":292566,"text":"Any person aggrieved by the misconduct of any dealer which violated the provisions of this chapter may maintain an action for recovery in any court of proper jurisdiction against the dealer and his surety. Recovery against the surety shall be only for that amount of the judgment which is unsatisfied by the dealer.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14670,"edition_id":1,"name":"Precious Metals Dealers","identifier":"41","label":"chapter","depth":3,"order_by":1,"parent_id":13011,"metadata":{},"date_created":"2026-06-26 03:49:15","date_modified":"2026-06-26 03:49:15","permalink":{"id":244523,"object_type":"structure","relational_id":14670,"identifier":"41","token":"54.1\/V\/41","url":"\/54.1\/V\/41\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13011,"edition_id":1,"name":"Occupations Regulated by Local Governing Bodies","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12754,"metadata":{},"date_created":"2026-06-26 03:44:08","date_modified":"2026-06-26 03:44:08","permalink":{"id":244463,"object_type":"structure","relational_id":13011,"identifier":"V","token":"54.1\/V","url":"\/54.1\/V\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12754,"edition_id":1,"name":"Professions and Occupations","identifier":"54.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":239313,"object_type":"structure","relational_id":12754,"identifier":"54.1","token":"54.1","url":"\/54.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":69734,"structure_id":14670,"section_number":"54.1-4100","catch_line":"Definitions","url":"\/54.1-4100\/","token":"54.1\/V\/41\/54.1-4100","metadata":false},{"id":85357,"structure_id":14670,"section_number":"54.1-4101","catch_line":"Records to be kept; copy furnished to local authorities","url":"\/54.1-4101\/","token":"54.1\/V\/41\/54.1-4101","metadata":false},{"id":76346,"structure_id":14670,"section_number":"54.1-4101.1","catch_line":"Officers may examine records or property; warrantless search and seizure authorized","url":"\/54.1-4101.1\/","token":"54.1\/V\/41\/54.1-4101.1","metadata":false},{"id":68928,"structure_id":14670,"section_number":"54.1-4102","catch_line":"Credentials and statement of ownership required from seller","url":"\/54.1-4102\/","token":"54.1\/V\/41\/54.1-4102","metadata":false},{"id":68285,"structure_id":14670,"section_number":"54.1-4103","catch_line":"Prohibited purchases","url":"\/54.1-4103\/","token":"54.1\/V\/41\/54.1-4103","metadata":false},{"id":78174,"structure_id":14670,"section_number":"54.1-4104","catch_line":"Dealer to retain purchases","url":"\/54.1-4104\/","token":"54.1\/V\/41\/54.1-4104","metadata":false},{"id":57807,"structure_id":14670,"section_number":"54.1-4105","catch_line":"Record of disposition","url":"\/54.1-4105\/","token":"54.1\/V\/41\/54.1-4105","metadata":false},{"id":62518,"structure_id":14670,"section_number":"54.1-4106","catch_line":"Bond or letter of credit required of dealers when permit obtained","url":"\/54.1-4106\/","token":"54.1\/V\/41\/54.1-4106","metadata":false},{"id":81675,"structure_id":14670,"section_number":"54.1-4107","catch_line":"Private action on bond or letter of credit","url":"\/54.1-4107\/","token":"54.1\/V\/41\/54.1-4107","metadata":false},{"id":61068,"structure_id":14670,"section_number":"54.1-4108","catch_line":"Permit required; method of obtaining permit; no convictions of certain crimes; approval of weighing devices; renewal; permanent location required","url":"\/54.1-4108\/","token":"54.1\/V\/41\/54.1-4108","metadata":false},{"id":56271,"structure_id":14670,"section_number":"54.1-4109","catch_line":"Exemptions from chapter","url":"\/54.1-4109\/","token":"54.1\/V\/41\/54.1-4109","metadata":false},{"id":86215,"structure_id":14670,"section_number":"54.1-4110","catch_line":"Penalties; first and subsequent offenses","url":"\/54.1-4110\/","token":"54.1\/V\/41\/54.1-4110","metadata":false},{"id":75631,"structure_id":14670,"section_number":"54.1-4111","catch_line":"Local ordinances","url":"\/54.1-4111\/","token":"54.1\/V\/41\/54.1-4111","metadata":false}],"previous_section":{"id":62518,"structure_id":14670,"section_number":"54.1-4106","catch_line":"Bond or letter of credit required of dealers when permit obtained","url":"\/54.1-4106\/","token":"54.1\/V\/41\/54.1-4106","metadata":false},"next_section":{"id":61068,"structure_id":14670,"section_number":"54.1-4108","catch_line":"Permit required; method of obtaining permit; no convictions of certain crimes; approval of weighing devices; renewal; permanent location required","url":"\/54.1-4108\/","token":"54.1\/V\/41\/54.1-4108","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/54.1-4107\/","history_text":"<p>This law was first created in 1981. The record of its establishment is cataloged in chapter 581 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. Unfortunately, the 1981 \u201cActs\u201d aren\u2019t available online. 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 1988, chapter 765.<\/p>","references":false,"refers_to":false,"permalink":{"id":244557,"object_type":"law","relational_id":81675,"identifier":"54.1-4107","token":"54.1\/V\/41\/54.1-4107","url":"\/54.1-4107\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/54.1-4107\/","token":"54.1\/V\/41\/54.1-4107","dublin_core":{"Title":"Private action on bond or letter of credit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 54.1-4107","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any person aggrieved by the misconduct of any <span class=\"dictionary\">dealer<\/span> which violated the provisions of this chapter may maintain an action for recovery in any <span class=\"dictionary\">court<\/span> of proper <span class=\"dictionary\">jurisdiction<\/span> against the <span class=\"dictionary\">dealer<\/span> and his <span class=\"dictionary\">surety<\/span>. Recovery against the <span class=\"dictionary\">surety<\/span> shall be only for that amount of the <span class=\"dictionary\">judgment<\/span> which is unsatisfied by the <span class=\"dictionary\">dealer<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPRIVATE ACTION ON BOND OR LETTER OF CREDIT (\u00a7 54.1-4107)\n\nAny person aggrieved by the misconduct of any dealer which violated the\nprovisions of this chapter may maintain an action for recovery in any court of\nproper jurisdiction against the dealer and his surety. Recovery against the\nsurety shall be only for that amount of the judgment which is unsatisfied by the\ndealer.\n\nHISTORY: 1981, c. 581, \u00a7 54-859.22; 1988, c. 765.","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}}