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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>63886</law_id><section_number>23.1-2909</section_number><catch_line>Bonds of agents and System employees</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="23.1">Institutions of Higher Education; Other Educational and Cultural Institutions</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Public Institutions of Higher Education</unit><unit label="chapter" level="3" order_by="1" identifier="29">State Board for Community Colleges and Virginia Community College System</unit></structure><text>
						<section><p>Proper <span class="dictionary">bonds</span> shall be required of all agents and employees who handle any funds that may come into the <span class="dictionary">custody</span> of the <span class="dictionary">System</span>. The premiums on the <span class="dictionary">bonds</span> shall be paid from funds appropriated by the Commonwealth for the administration of the provisions of this chapter.</p></section></text><history>1966, c. 679, &#xA7; 23-226; 1977, c. 413; 2016, c. 588.</history><metadata></metadata></law>
