CODE OF VIRGINIA

CONTINUANCE OF POWER; REVOCATION (§ 38.2-2417)

The power of an attorney-in-fact to bind the fidelity and surety insurer as
surety within the authority conferred by a power of attorney recorded pursuant
to subsection A of § 38.2-2416, shall, unless the power of attorney is
otherwise limited, continue for the agency until the expiration of the power of
attorney or until the power is revoked by the insurer’s sealed written
instrument duly acknowledged for recordation and admitted to record in the
county or corporation in which the power of attorney is recorded.

HISTORY: Code 1950, § 38-340; 1952, c. 317, § 38.1-654; 1986, c. 562; 2004, c.
357.