CODE OF VIRGINIA

BONDS REQUIRED OF TREASURERS OR DIRECTORS OF FINANCE OF CITIES (§ 15.2-1530)

Notwithstanding any contrary provision of law, general or special, the penalty
of the bond for treasurers or directors of finance of cities shall be not less
than fifteen percent of the amount of revenue to be received annually by him but
not more than $ 500,000 for treasurers or directors of finance of cities under
100,000 population nor more than $ 1,500,000 for treasurers or directors of
finance of cities over 100,000.

HISTORY: Code 1950, § 15-481; 1950, p. 411; 1962, c. 623, § 15.1-44; 1973, c.
195; 1997, c. 587.