CHAPTER 206

An Act to amend and reenact § 15-764.16 of the Code of Virginia, relating
to bonds issued under Chapter 22.1, Title 15 of the Code, which have
been mutilated, lost or destroyed. rH 262]

Approved March 9, 1962

Be it enacted by the General Assembly of Virginia:

1. ; nai § 15-764.16 of the Code of Virginia be amended and reenacted
as follows:

§ 15-764.16. Prior to the preparation of definitive bonds, the au-
thority may, under like restrictions, issue interim receipts or temporary
bonds, with or without coupons, exchangeable for definitive bonds when
such bonds have been executed and are available for delivery. *

Should any bond issued under this chapter become mutilated or be
lost or destroyed, the authority may cause a new bond of like date, number
and tenor to be executed and delivered in exchange and substitution for,
and upon the cancellation of such mutilated bond and its interest coupons,
or in lieu of and in substitution for such lost or destroyed bond and its un-
matured interest coupons. Such new bond or coupon shall not be executed
or delivered until the holder of the mutilated, lost or destroyed bond (1)
has paid the reasonable expense and charges in connection therewith and
(2) in the case of a lost or destroyed bond, has filed with the authority and
its treasurer evidence satisfactory to such authority and its treasurer that
such bond was lost or destroyed and that the holder was the owner thereof
und (3) has furnished indemnity satisfactory to the treasurer of the author-

ty.