{"law_id":"793870","section_number":"54.1-4003","catch_line":"Bond required; private action on bond","history":"Code 1950, \u00a7 54-845; 1988, c. 765; 1998, c. 848.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/54.1-4003\/","refers_to":false,"url":"\/54.1-4003\/","token":"54.1\/V\/40\/54.1-4003","structure":{"1":{"id":"2144","name":"Pawnbrokers","identifier":"40","label":"chapter","url":"\/54.1\/V\/40\/"},"2":{"id":"275","name":"Occupations Regulated By Local Governing Bodies","identifier":"V","label":"subtitle","url":"\/54.1\/V\/"},"3":{"id":"92","name":"Professions And Occupations","identifier":"54.1","label":"title","url":"\/54.1\/"}},"referred_to_by":false,"edition_id":"11","section_id":"793870","structure_id":"2144","full_text":"A No person shall be licensed as a pawnbroker or engage in the business of a pawnbroker without having in existence a bond with surety in the minimum amount of $ 50,000 to secure the payment of any judgment recovered under the provisions of subsection B.\r\rB Any person who recovers a judgment against a licensed pawnbroker for the pawnbroker’s misconduct may maintain an action in his own name upon the bond of the pawnbroker if the execution issued upon such judgment is wholly or partially unsatisfied.\r\r","text":{"0":{"id":"2562203","text":"No person shall be licensed as a pawnbroker or engage in the business of a pawnbroker without having in existence a bond with surety in the minimum amount of $ 50,000 to secure the payment of any judgment recovered under the provisions of subsection B.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1},"1":{"id":"2562204","text":"Any person who recovers a judgment against a licensed pawnbroker for the pawnbroker’s misconduct may maintain an action in his own name upon the bond of the pawnbroker if the execution issued upon such judgment is wholly or partially unsatisfied.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1}},"ancestry":{"1":{"id":"2144","name":"Pawnbrokers","identifier":"40","label":"chapter","url":"\/54.1\/V\/40\/"},"2":{"id":"275","name":"Occupations Regulated By Local Governing Bodies","identifier":"V","label":"subtitle","url":"\/54.1\/V\/"},"3":{"id":"92","name":"Professions And Occupations","identifier":"54.1","label":"title","url":"\/54.1\/"}},"structure_contents":{"0":{"id":"775211","structure_id":"2144","section_number":"54.1-4000","catch_line":"Definition of pawnbroker","url":"\/54.1-4000\/","token":"54.1\/V\/40\/54.1-4000"},"1":{"id":"790921","structure_id":"2144","section_number":"54.1-4001","catch_line":"License required; license authorized by court; building designated in license; penalty","url":"\/54.1-4001\/","token":"54.1\/V\/40\/54.1-4001"},"2":{"id":"788239","structure_id":"2144","section_number":"54.1-4002","catch_line":"Local limitations as to number of pawnshops","url":"\/54.1-4002\/","token":"54.1\/V\/40\/54.1-4002"},"3":{"id":"793870","structure_id":"2144","section_number":"54.1-4003","catch_line":"Bond required; private action on bond","url":"\/54.1-4003\/","token":"54.1\/V\/40\/54.1-4003"},"4":{"id":"786553","structure_id":"2144","section_number":"54.1-4004","catch_line":"Memorandum to be given pledgor; fee; lost ticket charge","url":"\/54.1-4004\/","token":"54.1\/V\/40\/54.1-4004"},"5":{"id":"794590","structure_id":"2144","section_number":"54.1-4005","catch_line":"Sale of goods pawned","url":"\/54.1-4005\/","token":"54.1\/V\/40\/54.1-4005"},"6":{"id":"768411","structure_id":"2144","section_number":"54.1-4006","catch_line":"Repealed","url":"\/54.1-4006\/","token":"54.1\/V\/40\/54.1-4006"},"7":{"id":"767960","structure_id":"2144","section_number":"54.1-4008","catch_line":"Interest chargeable","url":"\/54.1-4008\/","token":"54.1\/V\/40\/54.1-4008"},"8":{"id":"768376","structure_id":"2144","section_number":"54.1-4009","catch_line":"Records to be kept; credentials of person pawning goods; fee; penalty","url":"\/54.1-4009\/","token":"54.1\/V\/40\/54.1-4009"},"9":{"id":"790945","structure_id":"2144","section_number":"54.1-4010","catch_line":"Daily reports","url":"\/54.1-4010\/","token":"54.1\/V\/40\/54.1-4010"},"10":{"id":"790715","structure_id":"2144","section_number":"54.1-4011","catch_line":"Officers may examine records or property; warrantless search and seizure authorized","url":"\/54.1-4011\/","token":"54.1\/V\/40\/54.1-4011"},"11":{"id":"795622","structure_id":"2144","section_number":"54.1-4012","catch_line":"Property pawned or purchased not to be disfigured or changed","url":"\/54.1-4012\/","token":"54.1\/V\/40\/54.1-4012"},"12":{"id":"779348","structure_id":"2144","section_number":"54.1-4013","catch_line":"Care of tangible personal property; evaluation fee","url":"\/54.1-4013\/","token":"54.1\/V\/40\/54.1-4013"},"13":{"id":"782207","structure_id":"2144","section_number":"54.1-4014","catch_line":"Penalties; violation of the Virginia Consumer Protection Act","url":"\/54.1-4014\/","token":"54.1\/V\/40\/54.1-4014"}},"previous_section":{"id":"788239","structure_id":"2144","section_number":"54.1-4002","catch_line":"Local limitations as to number of pawnshops","url":"\/54.1-4002\/","token":"54.1\/V\/40\/54.1-4002"},"next_section":{"id":"786553","structure_id":"2144","section_number":"54.1-4004","catch_line":"Memorandum to be given pledgor; fee; lost ticket charge","url":"\/54.1-4004\/","token":"54.1\/V\/40\/54.1-4004"},"references":false,"formats":{"txt":"\/54.1-4003.txt","json":"\/54.1-4003.json","xml":"\/54.1-4003.xml"},"dublin_core":{"Title":"Bond required; private action on bond","Type":"Text","Format":"text\/html","Identifier":"\u00a7 54.1-4003","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nBOND REQUIRED; PRIVATE ACTION ON BOND (\u00a7 54.1-4003)\n\nA. No person shall be licensed as a pawnbroker or engage in the business of a\npawnbroker without having in existence a bond with surety in the minimum amount\nof $ 50,000 to secure the payment of any judgment recovered under the provisions\nof subsection B.\n\nB. Any person who recovers a judgment against a licensed pawnbroker for the\npawnbroker’s misconduct may maintain an action in his own name upon the\nbond of the pawnbroker if the execution issued upon such judgment is wholly or\npartially unsatisfied.\n\nHISTORY: Code 1950, \u00a7 54-845; 1988, c. 765; 1998, c. 848."}