Sec. 29-24. Bond.
(a) Every applicant, not a resident of the city, or who is a resident of the city and represents a firm whose principal place of business is located outside the state, shall file with the chief of police a surety bond from a bonding or insurance company licensed to do business in the Commonwealth of Virginia, running to the city in the amount of one thousand dollars ($1.000.00), with surety acceptable to and approved by the chief of police, conditioned that the applicant shall comply fully with all the applicable provisions of this code, the ordinances of the city and state law regulating and concerning the business of peddling and guaranteeing to any citizen of the city that all money paid as a down payment will be accounted for and applied according to the representations of the peddler, and further guaranteeing to any citizen of the city doing business with such peddler that the property purchased will be delivered according to the representations of such peddler. Action on such bond may be brought in the name of the city to the use or benefit of the aggrieved person.
(b) If the applicant is an agent, employee, canvasser or solicitor of a corporation authorized to do business in this state or registered under the fictitious name act of the state, such corporation or fictitious name business may furnish one (1) bond in the amount of one thousand dollars ($1,000.00) for any and all of its agents, employees, canvassers or solicitors. (Ord. No. O-81-106, § 1, 5-26-81; Ord. No. O-82-215, § 1, 10-12-82)
Last updated date: 10/23/2006 4:15:21 PM