                                 CODE OF VIRGINIA

AUTHORITY TO DESTROY BONDS AND BOND COUPONS WHICH HAVE BEEN PAID; PROCEDURE FOR
DESTRUCTION; CERTIFICATION (§ 58.1-3130)

The governing body of any county, city or town, upon petition of the treasurer,
may authorize by resolution the destruction of all bonds and bond coupons paid
by such fiscal officer or his predecessors after a period of five years from the
end of the fiscal year in which such bonds and bond coupons were paid.
		The resolution of the governing body shall designate a committee of three
persons, one of whom shall be the treasurer, to supervise and witness the
destruction of such bonds and bond coupons. The committee shall prepare and
execute a certificate setting forth the means by which such paid instruments
were destroyed, the issue, series, number and maturity date of the paid bonds so
destroyed and the fiscal year in which paid.
		Every such certification shall be in such form as shall be prescribed by the
governing body and shall be acknowledged in the manner prescribed by law for the
acknowledgment of deeds. The certification shall be prepared in duplicate, the
original of which shall be made a part of the minutes of the governing body, and
the copy thereof shall be retained as a permanent record of the office of the
treasurer.

HISTORY: Code 1950, § 58-919.3; 1964, c. 629; 1968, c. 442; 1984, c. 675.