Va. Code § 38.2-2414

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-2414 - Insurer estopped to deny power to assume liability

Any fidelity and surety insurer that executes any bond as surety under the provisions of this chapter shall be estopped, in any proceedings to enforce the liability it has assumed, to deny its power to execute the bond or assume the liability.

Va. Code § 38.2-2414

Code 1950, § 38-348; 1952, c. 317, § 38.1-650; 1986, c. 562.

Amended by Acts 1986, § c. 562.

Amended by Acts 1952, § c. 317, § 38.1-650.