46.2-445 - How bond to be conditioned.

§ 46.2-445. How bond to be conditioned.

The Commissioner shall not accept any bond unless it is conditioned forpayments in amounts and under the same circumstances as would be required ina motor vehicle liability policy furnished by the person giving proof.

(Code 1950, § 46-466; 1958, c. 541, § 46.1-477; 1989, c. 727.)