State Codes and Statutes

Statutes > Virginia > Title-58-1 > Chapter-31 > 58-1-3126

§ 58.1-3126. Bond of deputy; liability thereon.

The treasurer may require from any deputy such bond with surety as he shalldeem necessary for his indemnity. If any deputy fails to collect or, havingcollected, fails to pay over to his principal, any taxes, levies or fundswhich he ought to have collected or may have received, such deputy and hissureties shall be liable to such principal, upon motion, for the amount ofthe deficiency in such taxes, levies or funds, together with damages thereonat the rate of ten percent per month from the time each payment should havebeen made. They shall also be liable to such principal for all damagessustained by him by reason of any other default or misconduct in office bysuch deputy.

(Code 1950, § 58-918; 1984, c. 675.)

State Codes and Statutes

Statutes > Virginia > Title-58-1 > Chapter-31 > 58-1-3126

§ 58.1-3126. Bond of deputy; liability thereon.

The treasurer may require from any deputy such bond with surety as he shalldeem necessary for his indemnity. If any deputy fails to collect or, havingcollected, fails to pay over to his principal, any taxes, levies or fundswhich he ought to have collected or may have received, such deputy and hissureties shall be liable to such principal, upon motion, for the amount ofthe deficiency in such taxes, levies or funds, together with damages thereonat the rate of ten percent per month from the time each payment should havebeen made. They shall also be liable to such principal for all damagessustained by him by reason of any other default or misconduct in office bysuch deputy.

(Code 1950, § 58-918; 1984, c. 675.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-58-1 > Chapter-31 > 58-1-3126

§ 58.1-3126. Bond of deputy; liability thereon.

The treasurer may require from any deputy such bond with surety as he shalldeem necessary for his indemnity. If any deputy fails to collect or, havingcollected, fails to pay over to his principal, any taxes, levies or fundswhich he ought to have collected or may have received, such deputy and hissureties shall be liable to such principal, upon motion, for the amount ofthe deficiency in such taxes, levies or funds, together with damages thereonat the rate of ten percent per month from the time each payment should havebeen made. They shall also be liable to such principal for all damagessustained by him by reason of any other default or misconduct in office bysuch deputy.

(Code 1950, § 58-918; 1984, c. 675.)