Any fidelity and surety insurer that executes any bond as surety under the provisions of this chapter shall be estopped, in any proceedings to enforce the liability it has assumed, to deny its power to execute the bond or assume the liability.
Va. Code Ann. § 38.2-2414
Insurer estopped to deny power to assume liability
Code 1950, § 38-348; 1952, c. 317, § 38.1-650; 1986, c. 562.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.