38.2-2416 - Power of attorney to be recorded or attached; filing with the Department of Criminal Justice Services. - Virginia Statutes

§ 38.2-2416. Power of attorney to be recorded or attached; filing with theDepartment of Criminal Justice Services.

A. Each power of attorney from a fidelity and surety insurer to an agentmaking the agent an attorney-in-fact to execute any bail bond as defined in §19.2-119 in the name and on behalf of the insurer as surety, shall, unlessthe power of attorney is special and limited to one transaction or todefinitely stated transactions, be filed with the Department of CriminalJustice Services allowing the powers delegated by it to be exercised in anycity or county in the Commonwealth.

B. Each power of attorney, or a copy or facsimile thereof, which may includea printed or facsimile signature or corporate seal, from a fidelity andsurety insurer to an agent making the agent an attorney-in-fact to executeany bond or other obligation, other than a bail bond as defined in §19.2-119, in the name and on behalf of the insurer as surety, shall be dulyattached to the bond or other obligation.

(Code 1950, § 38-339; 1952, c. 317, § 38.1-653; 1986, c. 562; 2004, c. 357;2006, c. 296.)