CHAPTER 207

An Act to amend the Code of Virginia by adding thereto a section num-
bered 21-200.1, relating to bonds issued under Article 5, Chapter 8,
Title 21 of the Code, which have been mutilated, lost or destroyed.

[H 263]
Approved March 9, 1962

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia be amended by adding thereto a section
numbered 21-200.1 as follows:

§ 21-200.1. Should any bond issued by the commission become mu-
tilated or be lost or destroyed, the commission 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 unmatured interest coupons. Such new bond or coupon shall
not be executed or delivered until the holder of the mutilated, lost or de-
stroyed bond (1) has paid the reasonable expense and charges in con-
nection therewith and (2) in the case of a lost or destroyed bond, has filed
with the chairman of the commission satisfactory evidence that such bond
was lost or destroyed and that the holder was the owner thereof and (3)
has furnished indemnity satisfactory to the commission.