                                 CODE OF VIRGINIA

INTERIM RECEIPTS AND TEMPORARY BONDS; LOST, STOLEN AND DESTROYED BONDS (§
15.2-5413)

Prior to the preparation of definitive bonds, the authority may issue interim
receipts or temporary bonds, with or without coupons, exchangeable for
definitive bonds when such bonds have been executed and are available for
delivery.
		Should any bond issued under this chapter or any coupon appertaining thereto
become mutilated or be lost, stolen or destroyed, the authority may cause a new
bond or coupon of like date, number and tenor to be executed and delivered in
exchange and substitution for, and upon the cancellation of such mutilated bond
or coupon, or in lieu of and in substitution for such lost, stolen or destroyed
bond or coupon. Such new bond or coupon shall not be executed or delivered until
the holder of the mutilated, lost, stolen or destroyed bond or coupon has (i)
paid the reasonable expense and charges in connection therewith; (ii) in the
case of a lost, stolen or destroyed bond or coupon, filed with the authority or
its fiduciary evidence satisfactory to such authority or its fiduciary that such
bond or coupon was lost, stolen or destroyed and that the holder was the owner
thereof; and (iii) furnished indemnity satisfactory to the authority.

HISTORY: 1979, c. 416, § 15.1-1616; 1997, c. 587.