{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-1705.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-1705.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-1705.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-1705.html"}],"law_id":72507,"edition_id":1,"section_id":72507,"structure_id":15871,"section_number":"64.2-1705","catch_line":"Redetermination of guardian’s bond","history":"1999, c. 16, \u00a7 31-6.1; 2012, c. 614.","full_text":"Upon a guardian’s request, the clerk shall redetermine the penalty of the guardian’s bond in light of any reduction in the current market value of the estate under the guardian’s control, whether such reduction is due to disbursements, distributions, valuation of assets, or disclaimer of fiduciary power, if such reduction is reflected in an accounting that has been confirmed by the circuit court or an inventory that has been approved by the commissioner of accounts. This provision shall not apply to any bond set by the court.","order_by":null,"text":{"0":{"id":261113,"text":"Upon a guardian’s request, the clerk shall redetermine the penalty of the guardian’s bond in light of any reduction in the current market value of the estate under the guardian’s control, whether such reduction is due to disbursements, distributions, valuation of assets, or disclaimer of fiduciary power, if such reduction is reflected in an accounting that has been confirmed by the circuit court or an inventory that has been approved by the commissioner of accounts. This provision shall not apply to any bond set by the court.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15871,"edition_id":1,"name":"Appointment of Guardian","identifier":"17","label":"chapter","depth":4,"order_by":1,"parent_id":13807,"metadata":{},"date_created":"2026-06-26 04:00:56","date_modified":"2026-06-26 04:00:56","permalink":{"id":275339,"object_type":"structure","relational_id":15871,"identifier":"17","token":"64.2\/IV\/C\/17","url":"\/64.2\/IV\/C\/17\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13807,"edition_id":1,"name":"Guardianship of Minor","identifier":"C","label":"part","depth":3,"order_by":1,"parent_id":12905,"metadata":{},"date_created":"2026-06-26 03:45:56","date_modified":"2026-06-26 03:45:56","permalink":{"id":275337,"object_type":"structure","relational_id":13807,"identifier":"C","token":"64.2\/IV\/C","url":"\/64.2\/IV\/C\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12905,"edition_id":1,"name":"Fiduciaries and Guardians","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":274813,"object_type":"structure","relational_id":12905,"identifier":"IV","token":"64.2\/IV","url":"\/64.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":67669,"structure_id":15871,"section_number":"64.2-1700","catch_line":"Natural guardians","url":"\/64.2-1700\/","token":"64.2\/IV\/C\/17\/64.2-1700","metadata":false},{"id":68554,"structure_id":15871,"section_number":"64.2-1701","catch_line":"Testamentary guardians","url":"\/64.2-1701\/","token":"64.2\/IV\/C\/17\/64.2-1701","metadata":false},{"id":72415,"structure_id":15871,"section_number":"64.2-1702","catch_line":"Appointment of guardians","url":"\/64.2-1702\/","token":"64.2\/IV\/C\/17\/64.2-1702","metadata":false},{"id":62421,"structure_id":15871,"section_number":"64.2-1703","catch_line":"Nomination of guardians","url":"\/64.2-1703\/","token":"64.2\/IV\/C\/17\/64.2-1703","metadata":false},{"id":61358,"structure_id":15871,"section_number":"64.2-1704","catch_line":"Guardian's bond","url":"\/64.2-1704\/","token":"64.2\/IV\/C\/17\/64.2-1704","metadata":false},{"id":72507,"structure_id":15871,"section_number":"64.2-1705","catch_line":"Redetermination of guardian's bond","url":"\/64.2-1705\/","token":"64.2\/IV\/C\/17\/64.2-1705","metadata":false},{"id":84602,"structure_id":15871,"section_number":"64.2-1706","catch_line":"When court may appoint temporary guardians; bond; powers and duties","url":"\/64.2-1706\/","token":"64.2\/IV\/C\/17\/64.2-1706","metadata":false}],"previous_section":{"id":61358,"structure_id":15871,"section_number":"64.2-1704","catch_line":"Guardian's bond","url":"\/64.2-1704\/","token":"64.2\/IV\/C\/17\/64.2-1704","metadata":false},"next_section":{"id":84602,"structure_id":15871,"section_number":"64.2-1706","catch_line":"When court may appoint temporary guardians; bond; powers and duties","url":"\/64.2-1706\/","token":"64.2\/IV\/C\/17\/64.2-1706","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-1705\/","history_text":"

This law was first created in 1999. The record of its establishment is cataloged in chapter 16<\/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 2012, chapter 614<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":275361,"object_type":"law","relational_id":72507,"identifier":"64.2-1705","token":"64.2\/IV\/C\/17\/64.2-1705","url":"\/64.2-1705\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-1705\/","token":"64.2\/IV\/C\/17\/64.2-1705","dublin_core":{"Title":"Redetermination of guardian’s bond","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-1705","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Upon a guardian’s request, the clerk shall redetermine the penalty<\/span> of the guardian’s bond<\/span> in light of any reduction in the current market value<\/span> of the estate under the guardian’s control, whether such reduction is due to disbursements, distributions, valuation of assets<\/span>, or disclaimer of fiduciary<\/span> power, if such reduction is reflected in an accounting that has been confirmed by the circuit<\/span> court<\/span> or an inventory that has been approved by the commissioner of accounts. This provision shall not apply to any bond<\/span> set by the court<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREDETERMINATION OF GUARDIAN’S BOND (\u00a7 64.2-1705)\n\nUpon a guardian’s request, the clerk shall redetermine the penalty of the\nguardian’s bond in light of any reduction in the current market value of\nthe estate under the guardian’s control, whether such reduction is due to\ndisbursements, distributions, valuation of assets, or disclaimer of fiduciary\npower, if such reduction is reflected in an accounting that has been confirmed\nby the circuit court or an inventory that has been approved by the commissioner\nof accounts. This provision shall not apply to any bond set by the court.\n\nHISTORY: 1999, c. 16, \u00a7 31-6.1; 2012, c. 614.","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}}