3.2-4712 - Fee and bond to accompany license. - Virginia Statutes

§ 3.2-4712. Fee and bond to accompany license.

Applications shall be accompanied by a license fee of $10, and a good andsufficient bond, approved by the Commissioner, in the amount of $3,000 forall applications other than for livestock auction markets, in which case theapplication, together with the fee, shall be accompanied by a bond in the sumof $5,000, when the average daily gross commission business is $5,000 orless, with $1,000 added to the bond for each additional $5,000 average dailygross commission business done for the previous year with a maximum bond of$10,000 that entitles the applicant to a license to expire on December 31.

(Code 1950, § 3-538; 1952, c. 387; 1966, c. 702, § 3.1-696; 2008, c. 860.)