                                 CODE OF VIRGINIA

BONDS MUTILATED, LOST OR DESTROYED (§ 21-280.1)

Should any bond issued by the commission become mutilated or be lost or
destroyed the commission may cause a new bond of like date, number and tenor to
be executed and delivered in exchange and substitution for, and upon the
cancellation of, such mutilated bond and its interest coupons, or in lieu of and
in substitution for such lost or destroyed bond and its unmatured interest
coupons. Such new bond or coupon shall not be executed or delivered until the
holder of the mutilated, lost or destroyed bond (1) has paid the reasonable
expenses and charges in connection therewith and (2) in the case of a lost or
destroyed bond, has filed with the chairman of the commission satisfactory
evidence that such bond was lost or destroyed and that the holder was the owner
thereof and (3) has furnished indemnity satisfactory to the commission.

HISTORY: 1962, c. 204.