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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>66097</law_id><section_number>58.1-3130</section_number><catch_line>Authority to destroy bonds and bond coupons which have been paid; procedure for destruction; certification</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="58.1">Taxation</unit><unit label="subtitle" level="2" order_by="1" identifier="III">Local Taxes</unit><unit label="chapter" level="3" order_by="1" identifier="31">Local Officers</unit><unit label="article" level="4" order_by="1" identifier="2">Treasurers</unit></structure><text>
						<section><p>The governing body of any county, city or town, upon <span class="dictionary">petition</span> of the treasurer, may authorize by resolution the destruction of all <span class="dictionary">bonds</span> and <span class="dictionary">bond</span> coupons paid by such fiscal officer or his predecessors after a period of five years from the end of the fiscal year in which such <span class="dictionary">bonds</span> and <span class="dictionary">bond</span> coupons were paid.
		The resolution of the governing body shall designate a committee of three persons, one of whom shall be the treasurer, to supervise and <span class="dictionary">witness</span> the destruction of such <span class="dictionary">bonds</span> and <span class="dictionary">bond</span> coupons. The committee shall prepare and execute a certificate setting forth the means by which such paid instruments were destroyed, the <span class="dictionary">issue</span>, series, number and maturity date of the paid <span class="dictionary">bonds</span> so destroyed and the fiscal year in which paid.
		Every such certification shall be in such form as shall be prescribed by the governing body and shall be acknowledged in the manner prescribed by <span class="dictionary">law</span> for the acknowledgment of deeds. The certification shall be prepared in duplicate, the original of which shall be made a part of the minutes of the governing body, and the copy thereof shall be retained as a permanent record of the office of the treasurer.</p></section></text><history>Code 1950, &#xA7; 58-919.3; 1964, c. 629; 1968, c. 442; 1984, c. 675.</history><metadata></metadata></law>
