Notwithstanding any contrary provision of law, general or special, the penalty of the bond for treasurers or directors of finance of cities shall be not less than fifteen percent of the amount of revenue to be received annually by him but not more than $750,000 for treasurers or directors of finance of cities under 100,000 population nor more than $1,950,000 for treasurers or directors of finance of cities over 100,000.
Va. Code Ann. § 15.2-1530
Bonds required of treasurers or directors of finance of cities
Code 1950, § 15-481; 1950, p. 411; 1962, c. 623, § 15.1-44; 1973, c. 195; 1997, c.; 2025, c. 98.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.