Virginia § 46.2-444 Surety requirements of bond

Virginia Statutes

§ 46.2-444 — Surety requirements of bond

Virginia § 46.2-444

JurisdictionVirginia

Title 46.2MOTOR VEHICLES

Subtitle IITITLING, REGISTRATION AND LICENSURE

Ch. 3LICENSURE OF DRIVERS

Art. 15PROOF OF FINANCIAL RESPONSIBILITY

This text of Virginia § 46.2-444 (Surety requirements of bond) 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. § 46.2-444 (2026).

Text

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.

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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.