<?xml version="1.0"?>
<law><law_id>769943</law_id><section_number>46.2-2011.9</section_number><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><edition url="https://vacode.org/2016/" id="11" last_updated="2016-07-24" current="TRUE">2016</edition><structure><unit level="1" identifier="46.2" url="https://vacode.org/2016/46.2/">Motor Vehicles</unit><unit level="2" identifier="V" url="https://vacode.org/2016/46.2/V/">Motor Carriers</unit><unit level="3" identifier="20" url="https://vacode.org/2016/46.2/V/20/">Regulation Of Passenger Carriers</unit><unit level="4" identifier="1" url="https://vacode.org/2016/46.2/V/20/1/">Motor Carriers Of Passengers -- Generally</unit></structure><catch_line>Bond and letter of credit requirements</catch_line><history>2001, c. 596; 2013, cc. 165, 582.</history><order_by/><metadata/><court_decisions/><official_url>http://law.lis.virginia.gov/vacode/46.2-2011.9/</official_url><refers_to/><url>/46.2-2011.9/</url><token>46.2/V/20/1/46.2-2011.9</token><referred_to_by/><text><section id="2481820" prefix="A"><text/><type>section</type><prefixes><section>A</section></prefixes><entire_prefix>A</entire_prefix><prefix_anchor>A</prefix_anchor><level>1</level></section><section id="2481821" prefix="B"><text/><type>section</type><prefixes><section>B</section></prefixes><entire_prefix>B</entire_prefix><prefix_anchor>B</prefix_anchor><level>1</level></section><section id="2481822" prefix="C"><text/><type>section</type><prefixes><section>C</section></prefixes><entire_prefix>C</entire_prefix><prefix_anchor>C</prefix_anchor><level>1</level></section><section id="2481823" prefix="D"><text/><type>section</type><prefixes><section>D</section></prefixes><entire_prefix>D</entire_prefix><prefix_anchor>D</prefix_anchor><level>1</level></section><section id="2481824" prefix="E"><text>The surety on any bond filed by a licensee or certificate holder shall be released and discharged from all liability accruing on such bond after the expiration of 60 days from the date on which the surety files with the Department a written request to be released and discharged. Such request shall not operate to relieve, release or discharge the surety from any liability already accrued or which shall accrue before the expiration of the 60-day period.</text><type>section</type><prefixes><section>E</section></prefixes><entire_prefix>E</entire_prefix><prefix_anchor>E</prefix_anchor><level>1</level></section></text></law>
