46.2-457 - Substitution of new proof; cancellation or return of old. - Virginia Statutes

§ 46.2-457. Substitution of new proof; cancellation or return of old.

The Commissioner may cancel any bond or return any certificate of insuranceand on the substitution and acceptance by him of other adequate proof offinancial responsibility pursuant to this chapter, and on his direction tosuch effect the State Treasurer shall return any money or securities ondeposit with him to the person entitled to it.

(Code 1950, § 46-477; 1958, c. 541, § 46.1-488; 1989, c. 727.)