21-400.1 - Bonds mutilated, lost or destroyed. - Virginia Statutes

§ 21-400.1. Bonds mutilated, lost or destroyed.

Should any bond issued under this chapter become mutilated or be lost ordestroyed, the board of viewers may cause a new bond of like date, number andtenor to be executed and delivered in exchange and substitution for and uponcancellation of such mutilated bond and its interest coupons or in lieu ofand in substitution for such lost or destroyed bond and its unmaturedinterest coupons. Such new bond shall not be executed or delivered until theholder of the mutilated, lost or destroyed bond (1) has paid the reasonableexpense and charges in connection therewith and (2) in the case of a lost ordestroyed bond, has filed with the board of viewers and the county treasurersatisfactory evidence that such bond was lost or destroyed and that theholder was the owner thereof and (3) has furnished indemnity satisfactory tothe county treasurer.

(1962, c. 202.)