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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>54831</law_id><section_number>46.2-2055</section_number><catch_line>Condition or obligation of security</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="46.2">Motor Vehicles</unit><unit label="subtitle" level="2" order_by="1" identifier="V">Motor Carriers</unit><unit label="chapter" level="3" order_by="1" identifier="20">Regulation of Passenger Carriers</unit><unit label="article" level="4" order_by="1" identifier="2">Insurance Requirements</unit></structure><text>
						<section><p>The insurance, <span class="dictionary">bond</span> or other security provided for in &#xA7;&#xA0;<a class="law" title="Policies or surety bonds to be filed with the Department and securities with State Treasurer" href="/46.2-2054/">46.2-2054</a> shall obligate the insurer or <span class="dictionary">surety</span> to pay any final <span class="dictionary">judgment</span> for (i) injury to any passenger or passengers and (ii) any and all injuries to <span class="dictionary">persons</span> and loss of or damage to property resulting from the negligent <span class="dictionary">operation</span> of any <span class="dictionary">motor vehicle</span>.</p></section></text><history>2001, c. 596.</history><metadata></metadata></law>
