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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>347226</law_id><section_number>15.2-1126</section_number><catch_line>Posting of bond not prerequisite to exercise of right by municipality</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="46" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="2" identifier="II">Powers of Local Government</unit><unit label="chapter" level="3" order_by="2" identifier="11">Powers of Cities and Towns</unit><unit label="article" level="4" order_by="1" identifier="1">Uniform Charter Powers</unit></structure><text>
						<section><p>Whenever the <span class="dictionary">law</span> requires the posting of a <span class="dictionary">bond</span>, with or without <span class="dictionary">surety</span>, as a condition <span class="dictionary">precedent</span> to the exercise of any right, a municipal corporation, without giving such <span class="dictionary">bond</span>, may exercise such right, provided all other conditions <span class="dictionary">precedent</span> are complied with, and no action shall be delayed or refused because the municipal corporation has not filed or executed the <span class="dictionary">bond</span> that might otherwise be required, and the municipal corporation shall be bound to the same extent that it would have been bound had the <span class="dictionary">bond</span> been given.</p></section></text><history>Code 1950, &#xA7; 15-77.70; 1958, c. 328; 1962, c. 623, &#xA7; 15.1-907; 1997, c. 587.</history><metadata><court_decisions></court_decisions></metadata></law>
