Code of Virginia (Last Updated:July 28, 2020) |
TITLE 12.1. State Corporation Commission |
CHAPTER 4. Subordinate Employees of the Commission |
SECTION 12.1-24. Bonds of members of staff |
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. Code 1950, § 12-45; 1968, c. 51; 1971, Ex. Sess., c. 157. |