                                 CODE OF VIRGINIA

INSURER ESTOPPED TO DENY POWER TO ASSUME LIABILITY (§ 38.2-2414)

Any fidelity and surety insurer that executes any bond as surety under the
provisions of this chapter shall be estopped, in any proceedings to enforce the
liability it has assumed, to deny its power to execute the bond or assume the
liability.

HISTORY: Code 1950, § 38-348; 1952, c. 317, § 38.1-650; 1986, c. 562.