Virginia § 56-59 - Order required before acting as surety, guarantor, etc
Full text of Virginia Code of Virginia § 56-59 — Order required before acting as surety, guarantor, etc, with citation guidance and answers to common questions.
§ 56-59. Order required before acting as surety, guarantor, etc
No public service company shall henceforth assume any obligation or liability as guarantor, endorser, surety or otherwise in respect to the securities of any other person, firm, association or corporation, when such securities are payable at periods of twelve months or more after the date thereof, without having first secured from the Commission an order authorizing it so to do.
1934, p. 222; Michie Code 1942, § 4073(4).
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 56-59
What does Code of Virginia § 56-59 cover?
Section 56-59 ("Order required before acting as surety, guarantor, etc") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 56-59?
A common citation format is "Code of Virginia § 56-59" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 56-59 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.