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Code of Virginia (Last Updated:July 28, 2020) |
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TITLE 2.2. Administration of Government |
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SUBTITLE I. Organization of State Government |
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PART C. State Agencies Related to the General Operation of Government |
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CHAPTER 18. Department of the Treasury |
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ARTICLE 5. Division of Risk Management |
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SECTION 2.2-1841. Blanket surety bond plan for moneys under control of court |
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The Division shall establish a program of blanket surety bonding to provide surety for the faithful discharge of duty with respect to moneys held pursuant to §§ 8.01-582 and 8.01-582 by all general receivers and clerks. General receivers and clerks shall participate in the program. The Division's cost of obtaining and administering the blanket surety bond shall be paid from those moneys covered by the bond. 1988, c. 841, § 2.1-526.9:1; 2000, cc. 8.01-582 , 8.01-582 , § 2.1-191.14; 2001, c. 8.01-582 . |