Virginia § 46.2-460 - When Commissioner to consent to cancellation of bond or policy, or return of money or securities
Full text of Virginia Code of Virginia § 46.2-460 — When Commissioner to consent to cancellation of bond or policy, or return of money or securities, with citation guidance and answers to common questions.
§ 46.2-460. When Commissioner to consent to cancellation of bond or policy, or return of money or securities
The Commissioner, on request and subject to the provisions of § 46.2-461, shall consent to the cancellation of any bond or insurance policy or to the return to the person entitled thereto of any money or securities deposited pursuant to this chapter as proof of financial responsibility or he shall not require proof of financial responsibility in the event:
1. Of the death of the person on whose behalf the proof was filed;
2. Of his permanent incapacity to operate a motor vehicle; or
3. That the person who has given proof of financial responsibility surrenders his driver's license, and all of his registration cards, and license plates to the Commissioner.
Code 1950, § 46-480; 1958, c. 541, § 46.1-491; 1984, c. 780; 1989, c. 727.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 46.2-460
What does Code of Virginia § 46.2-460 cover?
Section 46.2-460 ("When Commissioner to consent to cancellation of bond or policy, or return of money or securities") 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 § 46.2-460?
A common citation format is "Code of Virginia § 46.2-460" (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 § 46.2-460 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.