                                 CODE OF VIRGINIA

SURETY REQUIREMENTS OF BOND (§ 46.2-444)

The bond mentioned in subdivision 2 of § 46.2-436 shall be duly executed by the
person giving proof and by a surety company duly authorized to transact business
in the Commonwealth or by the person giving proof and by one or more individual
sureties owning real estate within the Commonwealth and having an equity therein
in at least the amount of the bond and the real estate shall be scheduled in the
bond. But the Commissioner may not accept any real estate bond unless it is
first approved by the circuit court of the jurisdiction wherein the real estate
is located.

HISTORY: Code 1950, § 46-465; 1958, c. 541, § 46.1-476; 1989, c. 727.