                                 CODE OF VIRGINIA

BOND (§ 19.2-39)

Every magistrate appointed under the provisions of this chapter shall enter into
bond in the sum of $5,000, made payable to the Commonwealth, before a clerk of a
circuit court, for the faithful performance of his duties. The premium for such
bond shall be paid by the Commonwealth. Provided, however, that in lieu of
specific bonds, the Committee on District Courts may in its discretion procure
faithful performance of duty blanket bonds for all magistrates and for the
penalty contained in this section, unless in the discretion of the Committee,
bonds with a larger penalty should be obtained. Such blanket bonds shall be made
payable to the Commonwealth and shall cover all funds handled by a magistrate
whether such funds belong to the Commonwealth or any political subdivision
thereof. Provided further, that in those instances where specific bonds for
magistrates are in effect, the Committee on District Courts may, whenever it
deems it advisable, terminate such specific bonds upon obtaining a blanket bond
covering such magistrates with appropriate refunds or credit being made for the
unearned premiums on the specific bonds terminated. A copy of any such blanket
bond so procured shall be filed with the State Comptroller and with the clerk of
the respective circuit courts. The premiums for such blanket bonds shall be paid
by the Commonwealth.

HISTORY: Code 1950, § 19.1-387; 1973, c. 545; 1974, c. 484; 1975, c. 495; 2008,
cc. 551, 691.