Virginia Statutes
§ 12.1-24 — Bonds of members of staff
Virginia § 12.1-24
JurisdictionVirginia
Title 12.1STATE CORPORATION COMMISSION
Ch. 4SUBORDINATE EMPLOYEES OF THE COMMISSION
This text of Virginia § 12.1-24 (Bonds of members of staff) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 12.1-24 (2026).
Text
The Commission may obtain one or more blanket bonds covering members of its staff conditioned for the faithful and lawful performance of their official duties. The surety shall be a surety company authorized to transact business in Virginia. A member of the staff of the Commission who is covered by a blanket bond to the extent of $20,000 shall not be required to furnish a separate bond.
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Legislative History
Code 1950, § 12-45; 1968, c. 51; 1971, Ex. Sess., c. 157.
Nearby Sections
15
§ 12.1-1
Definitions§ 12.1-10
Prohibited conflicts of interests§ 12.1-11
Oath; failure to qualify§ 12.1-11.1
Temporary recall of members§ 12.1-12
Powers and duties generally§ 12.1-15
Power to compromise and settle; power to waive penalties and charge off delinquent taxes, etc§ 12.1-2
State Corporation CommissionCite This Page — Counsel Stack
Bluebook (online)
Virginia § 12.1-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/12.1/12.1-24.