Virginia Code § 38.2-1221

Deposit instead of bond
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Instead of filing the bond required by § 38.2-1220, the attorney may maintain on deposit with the State Treasurer an equal amount in cash or in value of securities of the kind specified in § 38.2-1045, subject to the same conditions as the bond.
1952, c. 317, § 38.1-711; 1986, c. 562.

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