Virginia § 8.01-588 - Bonds generally
Full text of Virginia Code of Virginia § 8.01-588 — Bonds generally, with citation guidance and answers to common questions.
§ 8.01-588. Bonds generally
A general receiver shall annually give before the court a bond with surety to be approved by it, in such penalty as the court directs, sufficient at least to cover the probable amount under his control in any one year.
This section shall apply to the clerk if the clerk is appointed such receiver, and his official bond as clerk shall not cover money or property under his control as general receiver.
Code 1950, § 8-731; 1977, c. 617; 1988, c. 841.
Frequently Asked Questions About Virginia § 8.01-588
What does Code of Virginia § 8.01-588 cover?
Section 8.01-588 ("Bonds generally") 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 § 8.01-588?
A common citation format is "Code of Virginia § 8.01-588" (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 § 8.01-588 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.