Chap. 147.—An ACT to authorize contractors who are required by public
officers. boards. commissions or agencies to file certified checks with bids,
to file bonds in lieu thereof. [S B 199}
Approved March 9, 1922.
1. Be it enacted by the general assembly of Virginia. That when-
ever a public officer, board, commission or agency requires a contractor
to file with his bid for a contract a certified check, it shall be sufficient
for such contractor to file in lieu of such certified check, a bond with
some solvent guaranty company as surety, for a sum twenty per centum
(20%) in excess of the amount required when a certified check is filed.
The condition of such bond, when not prescribed by law, shall be
prescribed by the public officer, board, commission or agency.