CODE OF VIRGINIA

COMMISSION ON FORTHCOMING BOND (§ 17.1-274)

A. The commission to be included in a forthcoming bond, when one is taken, shall
be five percent. Such commission shall not be received unless the bond is
forfeited or paid, including the commission, to the plaintiffs. Of whatever
interest accrues on such bond, or the execution of judgment thereon, the officer
shall be entitled to his proportionable share, on account of his fees included
in such bond.

B. In cities of a population of 100,000 and more, however, the commission to be
included in a forthcoming bond, when one is taken, shall be ten percent on the
first $ 100 of the money for which the distress or levy is and two percent on
the residue. Such commission shall not be received unless the bond is forfeited
or paid, including the commission, to the plaintiffs. Of whatever interest may
accrue on such bonds, or the execution of judgment thereon, the officer shall be
entitled to his proportionate share, on account of his fees included in the
sale. An officer in any such city receiving payment in money or selling goods
shall receive the like commission of ten percent on the first $ 100 of the money
paid or proceeding from the sale and two percent on the residue; except that
when such payment or sale is on an execution on a forthcoming bond, his
commission shall only be half what it would be if the execution were not on such
bond.

HISTORY: Code 1950, §§ 14-119, 14-121; 1964, c. 386, §§ 14.1-108, 14.1-110;
1995, c. 51; 1998, c. 872.