Governing bodies are authorized to pay out of their respective treasuries, the premiums on the surety bonds of all local officials who are required to be bonded, for a period of more than one year when a discount for advanced payment of such premiums may be obtained under the rates, rules and regulations promulgated by the State Corporation Commission according to law.
If any such surety bond be cancelled prior to its expiration, the portion of the premiums to be returned shall be calculated on the basis of the regular annual rate of premiums for the duration of the bond as such refunds are prescribed by the rates, rules and regulations promulgated by the State Corporation Commission according to law.
Code 1950, § 15-483; 1962, c. 623, § 15.1-46; 1997, c. 587.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
§ 15.2-1500. Organization of local government
§ 15.2-1500.1. Employment discrimination prohibited; sexual orientation or gender identity
§ 15.2-1501. Designation of officers to perform certain duties
§ 15.2-1502. Employment of certain deputies and assistants; delegation of powers and duties
§ 15.2-1503. Tenure of officers and employees; suspension or removal
§ 15.2-1503.1. Background checks required for certain employees and licensees
§ 15.2-1504. Use of tobacco products by government employees
§ 15.2-1505. Employment based on residency prohibited for certain employees
§ 15.2-1505.1. Applicant preemployment information
§ 15.2-1505.2. Personnel policies related to the use of public property
§ 15.2-1507. Provision of grievance procedure; training programs
§ 15.2-1507.1. Appointment of standing panel in certain counties
§ 15.2-1508. Bonuses for employees of local governments
§ 15.2-1508.1. Traveling expenses on business of town, city or county
§ 15.2-1508.2. Same; where Commonwealth bears portion of expenses
§ 15.2-1509. Preferences for veterans and people with disabilities in local government employment
§ 15.2-1510. Retirement systems
§ 15.2-1510.1. Public announcement of severance packages for certain officials
§ 15.2-1511. Allowances to injured officials and employees and their dependents
§ 15.2-1511.01. Allowances to injured deputy sheriffs
§ 15.2-1511.1. Written benefit information to certain employees
§ 15.2-1512.3. Telecommuting by local government employees
§ 15.2-1512.4. Rights of local employees to contact elected officials
§ 15.2-1513. Joint local government employees permitted
§ 15.2-1514. Exercise of powers and duties
§ 15.2-1515. Compensation, benefits and liability insurance of such persons
§ 15.2-1517.1. Formation of not-for-profit benefits consortium
§ 15.2-1522. When and how officers qualify
§ 15.2-1523. Record of qualification
§ 15.2-1524. Failure to qualify vacates office
§ 15.2-1525. Where officers shall reside
§ 15.2-1526. Removal vacates office
§ 15.2-1527. Bonds of officers
§ 15.2-1529. Amount of bond of treasurer or director of finance of counties
§ 15.2-1530. Bonds required of treasurers or directors of finance of cities
§ 15.2-1531. When certain city and county treasurers not required to give additional bond
§ 15.2-1532. Payment of premiums on bonds for more than one year in advance
§ 15.2-1533. Bond plan to be forwarded to clerk and Comptroller
§ 15.2-1534. Certain officers not to hold more than one office
§ 15.2-1536. Required and discretionary officers
§ 15.2-1537. Financial officer
§ 15.2-1537.1. Disposition of state funds locally collected
§ 15.2-1538. Clerk for the governing body
§ 15.2-1539. General duties of clerk
§ 15.2-1540. Chief administrative officer
§ 15.2-1541. Administrative head of government
§ 15.2-1541.1. Authority of county administrator to maintain centralized system of accounting
§ 15.2-1543. Employment of purchasing agent; duties
§ 15.2-1545. Postemployment benefits other than pensions defined