{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/9.1-185.10.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/9.1-185.10.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/9.1-185.10.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/9.1-185.10.html"}],"law_id":378634,"edition_id":2,"section_id":378634,"structure_id":53806,"section_number":"9.1-185.10","catch_line":"Collateral received in the course of business; standards and requirements","history":"2004, c. 460.","full_text":"A\n\nA licensed bail bondsman shall be permitted to accept collateral security or other indemnity from the principal, which shall be returned upon final termination of liability on the bond, including the conclusion of all appeals or appeal periods. Such collateral security or other indemnity required by the bail bondsman shall be reasonable in relation to the amount of the bond.\n\nB\n\nWhen a bondsman accepts collateral, he shall give a written receipt to the depositor. The receipt shall provide a full description of the collateral received and the terms of redemption or forfeiture. The receipt shall also include the depositor’s name and contact information.\n\nC\n\nAny bail bondsman who receives collateral in connection with a bail transaction shall receive such collateral in a fiduciary capacity, and prior to any forfeiture of bail shall keep it separate and apart from any other funds or assets of such bail bondsman. In the event a bondsman receives collateral in the nature of a tangible good, it shall be a per se violation of the bail bondsman’s fiduciary duty to make personal use of any such collateral unless there is a proper forfeiture of bail.\n\nD\n\nAny collateral received shall be returned with all due diligence to the person who deposited it with the bail bondsman or any assignee other than the bail bondsman as soon as the obligation is discharged and all fees owed to the bail bondsman have been paid. In any event, after a specific request for the return of the collateral by the depositor, the collateral shall be returned within 15 days after all fees owed have been paid.\n\n","order_by":null,"text":{"0":{"id":1413931,"text":"A licensed bail bondsman shall be permitted to accept collateral security or other indemnity from the principal, which shall be returned upon final termination of liability on the bond, including the conclusion of all appeals or appeal periods. Such collateral security or other indemnity required by the bail bondsman shall be reasonable in relation to the amount of the bond.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1413932,"text":"When a bondsman accepts collateral, he shall give a written receipt to the depositor. The receipt shall provide a full description of the collateral received and the terms of redemption or forfeiture. The receipt shall also include the depositor’s name and contact information.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":1413933,"text":"Any bail bondsman who receives collateral in connection with a bail transaction shall receive such collateral in a fiduciary capacity, and prior to any forfeiture of bail shall keep it separate and apart from any other funds or assets of such bail bondsman. In the event a bondsman receives collateral in the nature of a tangible good, it shall be a per se violation of the bail bondsman’s fiduciary duty to make personal use of any such collateral unless there is a proper forfeiture of bail.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":1413934,"text":"Any collateral received shall be returned with all due diligence to the person who deposited it with the bail bondsman or any assignee other than the bail bondsman as soon as the obligation is discharged and all fees owed to the bail bondsman have been paid. In any event, after a specific request for the return of the collateral by the depositor, the collateral shall be returned within 15 days after all fees owed have been paid.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":53806,"edition_id":2,"name":"Bail Bondsmen","identifier":"11","label":"article","depth":3,"order_by":11,"parent_id":53786,"metadata":{"child_laws":19,"child_structures":0},"date_created":"2026-08-02 03:22:32","date_modified":"2026-08-02 12:28:41","permalink":{"id":1511637,"object_type":"structure","relational_id":53806,"identifier":"11","token":"9.1\/1\/11","url":"\/9.1\/1\/11\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53786,"edition_id":2,"name":"Department of Criminal Justice Services","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":53785,"metadata":{"child_laws":143,"child_structures":17},"date_created":"2026-08-02 03:22:17","date_modified":"2026-08-02 12:28:40","permalink":{"id":1511491,"object_type":"structure","relational_id":53786,"identifier":"1","token":"9.1\/1","url":"\/9.1\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53785,"edition_id":2,"name":"Commonwealth Public Safety","identifier":"9.1","label":"title","depth":1,"order_by":36,"parent_id":null,"metadata":{"child_laws":258,"child_structures":36},"date_created":"2026-08-02 03:22:17","date_modified":"2026-08-02 12:28:39","permalink":{"id":1511489,"object_type":"structure","relational_id":53785,"identifier":"9.1","token":"9.1","url":"\/9.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":378651,"structure_id":53806,"section_number":"9.1-185","catch_line":"Definitions","url":"\/9.1-185\/","token":"9.1\/1\/11\/9.1-185","metadata":false},{"id":378633,"structure_id":53806,"section_number":"9.1-185.1","catch_line":"Inapplicability of this article","url":"\/9.1-185.1\/","token":"9.1\/1\/11\/9.1-185.1","metadata":false},{"id":378634,"structure_id":53806,"section_number":"9.1-185.10","catch_line":"Collateral received in the course of business; standards and requirements","url":"\/9.1-185.10\/","token":"9.1\/1\/11\/9.1-185.10","metadata":false},{"id":378635,"structure_id":53806,"section_number":"9.1-185.11","catch_line":"Firearms, training and usage; standards and requirements","url":"\/9.1-185.11\/","token":"9.1\/1\/11\/9.1-185.11","metadata":false},{"id":378636,"structure_id":53806,"section_number":"9.1-185.12","catch_line":"Uniforms and identification; standards and restrictions","url":"\/9.1-185.12\/","token":"9.1\/1\/11\/9.1-185.12","metadata":false},{"id":378637,"structure_id":53806,"section_number":"9.1-185.13","catch_line":"Documentation and recordkeeping standards and requirements","url":"\/9.1-185.13\/","token":"9.1\/1\/11\/9.1-185.13","metadata":false},{"id":378638,"structure_id":53806,"section_number":"9.1-185.14","catch_line":"Reporting standards and requirements","url":"\/9.1-185.14\/","token":"9.1\/1\/11\/9.1-185.14","metadata":false},{"id":378639,"structure_id":53806,"section_number":"9.1-185.15","catch_line":"Recovery of bailees; methods of capture; standards and requirements; limitations","url":"\/9.1-185.15\/","token":"9.1\/1\/11\/9.1-185.15","metadata":false},{"id":378640,"structure_id":53806,"section_number":"9.1-185.16","catch_line":"Department submission to the State Corporation Commission","url":"\/9.1-185.16\/","token":"9.1\/1\/11\/9.1-185.16","metadata":false},{"id":378641,"structure_id":53806,"section_number":"9.1-185.17","catch_line":"Department submissions to local and regional correctional facilities","url":"\/9.1-185.17\/","token":"9.1\/1\/11\/9.1-185.17","metadata":false},{"id":378642,"structure_id":53806,"section_number":"9.1-185.18","catch_line":"Penalties","url":"\/9.1-185.18\/","token":"9.1\/1\/11\/9.1-185.18","metadata":false},{"id":378643,"structure_id":53806,"section_number":"9.1-185.2","catch_line":"Powers of the Criminal Justice Services Board relating to bail bondsmen","url":"\/9.1-185.2\/","token":"9.1\/1\/11\/9.1-185.2","metadata":{"court_decisions":{"0":{"name":"Collins v. Commonwealth","case_number":"110067","citation":null,"date":"2012-01-13","url":"https:\/\/www.courtlistener.com\/opinion\/1057962\/collins-v-commonwealth\/","abstract":" .\u202f.\u202f. Present: Kinser, C.J., Lemons, Goodwyn, Millette, and Mims, JJ., .\u202f.\u202f. ","court_html":"SCV<\/abbr>"},"1":{"name":"Collins v. Commonwealth","case_number":"2598092","citation":"702 S.E.2d 267","date":"2010-12-14","url":"https:\/\/www.courtlistener.com\/opinion\/1062054\/collins-v-commonwealth\/","abstract":" .\u202f.\u202f. 702 S.E.2d 267 (2010) .\u202f.\u202f. ","court_html":"COA<\/abbr>"}}}},{"id":378644,"structure_id":53806,"section_number":"9.1-185.3","catch_line":"Powers of Department of Criminal Justice Services relating to bail bondsmen","url":"\/9.1-185.3\/","token":"9.1\/1\/11\/9.1-185.3","metadata":false},{"id":378645,"structure_id":53806,"section_number":"9.1-185.4","catch_line":"Limitations on licensure","url":"\/9.1-185.4\/","token":"9.1\/1\/11\/9.1-185.4","metadata":false},{"id":378646,"structure_id":53806,"section_number":"9.1-185.5","catch_line":"Bail bondsman licensure requirements","url":"\/9.1-185.5\/","token":"9.1\/1\/11\/9.1-185.5","metadata":false},{"id":378647,"structure_id":53806,"section_number":"9.1-185.6","catch_line":"Licenses; renewal","url":"\/9.1-185.6\/","token":"9.1\/1\/11\/9.1-185.6","metadata":false},{"id":378648,"structure_id":53806,"section_number":"9.1-185.7","catch_line":"Licensure of nonresidents","url":"\/9.1-185.7\/","token":"9.1\/1\/11\/9.1-185.7","metadata":false},{"id":378649,"structure_id":53806,"section_number":"9.1-185.8","catch_line":"Professional conduct standards; grounds for disciplinary actions","url":"\/9.1-185.8\/","token":"9.1\/1\/11\/9.1-185.8","metadata":false},{"id":378650,"structure_id":53806,"section_number":"9.1-185.9","catch_line":"Solicitation of business; standards; restrictions and requirements","url":"\/9.1-185.9\/","token":"9.1\/1\/11\/9.1-185.9","metadata":false}],"previous_section":{"id":378633,"structure_id":53806,"section_number":"9.1-185.1","catch_line":"Inapplicability of this article","url":"\/9.1-185.1\/","token":"9.1\/1\/11\/9.1-185.1","metadata":false},"next_section":{"id":378635,"structure_id":53806,"section_number":"9.1-185.11","catch_line":"Firearms, training and usage; standards and requirements","url":"\/9.1-185.11\/","token":"9.1\/1\/11\/9.1-185.11","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/9.1-185.10\/","history_text":"

This law was first created in 2004. The record of its establishment is cataloged in chapter 460<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":1511647,"object_type":"law","relational_id":378634,"identifier":"9.1-185.10","token":"9.1\/1\/11\/9.1-185.10","url":"\/9.1-185.10\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/9.1-185.10\/","token":"9.1\/1\/11\/9.1-185.10","dublin_core":{"Title":"Collateral received in the course of business; standards and requirements","Type":"Text","Format":"text\/html","Identifier":"\u00a7 9.1-185.10","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A licensed bail bondsman<\/span> shall be permitted to accept collateral<\/span> security or other indemnity from the principal, which shall be returned upon final termination of liability on the bond<\/span>, including the conclusion of all appeals<\/span> or appeal<\/span> periods. Such collateral<\/span> security or other indemnity required by the bail bondsman<\/span> shall be reasonable in relation to the amount of the bond<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> When a bondsman accepts collateral<\/span>, he shall give a written receipt to the depositor. The receipt shall provide a full description of the collateral<\/span> received and the terms of redemption<\/span> or forfeiture. The receipt shall also include the depositor’s name and contact information. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Any bail bondsman<\/span> who receives collateral<\/span> in connection with a bail transaction shall receive such collateral<\/span> in a fiduciary capacity, and prior to any forfeiture of bail shall keep it separate and apart from any other funds or assets<\/span> of such bail bondsman<\/span>. In the event a bondsman receives collateral<\/span> in the nature of a tangible good, it shall be a per se violation of the bail bondsman<\/span>’s fiduciary duty to make personal use of any such collateral<\/span> unless there is a proper forfeiture of bail. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> Any collateral<\/span> received shall be returned with all due diligence to the person who deposited it with the bail bondsman<\/span> or any assignee other than the bail bondsman<\/span> as soon as the obligation is discharged and all fees owed to the bail bondsman<\/span> have been paid. In any event, after a specific request for the return of the collateral<\/span> by the depositor, the collateral<\/span> shall be returned within 15 days after all fees owed have been paid. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOLLATERAL RECEIVED IN THE COURSE OF BUSINESS; STANDARDS AND REQUIREMENTS (\u00a7\n9.1-185.10)\n\nA. A licensed bail bondsman shall be permitted to accept collateral security or\nother indemnity from the principal, which shall be returned upon final\ntermination of liability on the bond, including the conclusion of all appeals or\nappeal periods. Such collateral security or other indemnity required by the bail\nbondsman shall be reasonable in relation to the amount of the bond.\n\nB. When a bondsman accepts collateral, he shall give a written receipt to the\ndepositor. The receipt shall provide a full description of the collateral\nreceived and the terms of redemption or forfeiture. The receipt shall also\ninclude the depositor’s name and contact information.\n\nC. Any bail bondsman who receives collateral in connection with a bail\ntransaction shall receive such collateral in a fiduciary capacity, and prior to\nany forfeiture of bail shall keep it separate and apart from any other funds or\nassets of such bail bondsman. In the event a bondsman receives collateral in the\nnature of a tangible good, it shall be a per se violation of the bail\nbondsman’s fiduciary duty to make personal use of any such collateral\nunless there is a proper forfeiture of bail.\n\nD. Any collateral received shall be returned with all due diligence to the\nperson who deposited it with the bail bondsman or any assignee other than the\nbail bondsman as soon as the obligation is discharged and all fees owed to the\nbail bondsman have been paid. In any event, after a specific request for the\nreturn of the collateral by the depositor, the collateral shall be returned\nwithin 15 days after all fees owed have been paid.\n\nHISTORY: 2004, c. 460.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}