15.2-1126 - Posting of bond not prerequisite to exercise of right by municipality. - Virginia Statutes

§ 15.2-1126. Posting of bond not prerequisite to exercise of right bymunicipality.

Whenever the law requires the posting of a bond, with or without surety, as acondition precedent to the exercise of any right, a municipal corporation,without giving such bond, may exercise such right, provided all otherconditions precedent are complied with, and no action shall be delayed orrefused because the municipal corporation has not filed or executed the bondthat might otherwise be required, and the municipal corporation shall bebound to the same extent that it would have been bound had the bond beengiven.

(Code 1950, § 15-77.70; 1958, c. 328; 1962, c. 623, § 15.1-907; 1997, c. 587.)