Code of Virginia - Title 55 Property And Conveyances - Section 55-412 Persons acquiring from slayer protected

§ 55-412. Persons acquiring from slayer protected

The provisions of this chapter shall not affect the right of any person who, before the interests of the slayer have been adjudicated, acquires from the slayer for adequate consideration property or an interest therein which the slayer would have received except for the terms of this chapter, provided the same is acquired without notice of circumstances tending to bring it within the provisions of this chapter; but all consideration received by the slayer shall be held by him in trust for the persons entitled to the property under the provisions of this chapter, and the slayer shall also be liable both for any portion of such consideration which he may have dissipated, and for any difference between the actual value of the property and the amount of such consideration.

(1981, c. 469.)

Sections:  Previous  55-401  55-402  55-403  55-404  55-405  55-406  55-407  55-408  55-409  55-410  55-411  55-412  55-413  55-414  55-415  Next

Last modified: April 3, 2009