Code of Virginia - Title 55 Property And Conveyances - Chapter 10 Escheats Generally

  • 55-168 Appointment of escheators
    The Governor shall appoint one escheator for every judicial circuit as set forth in § 17.1-506, to serve at the pleasure of the Governor. Such ...
  • 55-169 Their bond; their removal
    Each escheator shall give bond for the judicial circuit for which he is appointed in the circuit court for the locality in which he resides, ...
  • 55-170 Increase or reduction of penalty of their bonds; its effect
    The court may, at any time, on reasonable notice to the escheator, increase or reduce the penalty of the bond; provided that in no case ...
  • 55-170.1 Definition
    As used in this chapter, unless the context otherwise requires: "Knowledge" in terms of a "known owner" shall include inspection of tax records and any ...
  • 55-171 Annual report to escheator; lands not liable
    Each treasurer shall, every May, furnish to the escheator of his county or city a list of all lands within his district of which any ...
  • 55-172 Escheator to hold inquest; notice thereof
    On receiving such list, or upon information from any person, in writing and under oath, that any of the conditions described in § 55-171 exists, ...
  • 55-173 Jury of inquest, how summoned, etc.; evidence, how given
    For this inquest there shall be summoned and returned by the sheriff of the county or sergeant of the city ten qualified jurors, of whom ...
  • 55-174 Attendance of jurors
    If any person summoned or adjourned as a juror fail to attend according to the summons or adjournment, the escheator shall return the fact to ...
  • 55-175 How verdict signed; where returned and recorded
    When the inquest is ended and the verdict concurred in by the jurors impaneled, or at least seven of them, it shall be signed by ...
  • 55-176 Proceedings to claim land escheated
    When the verdict on such inquest is for the Commonwealth, any person claiming any interest in the lands, whether legal or equitable, may, before the ...
  • 55-177 Trial by jury; judgment of court
    The court may cause a jury to be impaneled to ascertain any facts which may be disputed and if it see fit may set aside ...
  • 55-178 Facts or evidence to be certified
    If witnesses be sworn before the court or jury and either party require it, the court shall certify what facts are proved by such witnesses, ...
  • 55-179 Lands may be committed to claimant while claim pending
    Pending the petition the court may commit the lands, or any part thereof, to the claimant, on his giving bond with good security to pay ...
  • 55-180 Disposition thereof, if not so committed
    If the escheator leases property remaining in his hands, he shall notify and transmit a copy of such lease, if in written form, to the ...
  • 55-181 Escheator to notify State Treasurer of claim and decision
    The escheator shall certify to the State Treasurer, within sixty days after the end of a year from the date of such inquisition, whether any ...
  • 55-182 Escheators to certify lands escheated
    Every escheator shall, within sixty days after inquisition found on behalf of the Commonwealth, transmit to the State Treasurer a certificate showing the number of ...
  • 55-182.1 Removal of parcels from the certificate
    If the escheator finds that the escheat of a parcel was improper, for whatever reason, he shall remove the parcel from the certificate at any ...
  • 55-182.2 Escheat of property with hazardous materials
    In addition to any other remedy provided by law, the Virginia Waste Management Board, pursuant to its authority granted in § 10.1-1402, or the Department ...
  • 55-183 Publication of escheator's certificate
    The State Treasurer shall cause the contents of such certificate to be published once each week for four consecutive weeks in a newspaper of general ...
  • 55-184 Description unavailable
    Repealed by Acts 1977, c. 583. ...
  • 55-184.1 Order of sale by Governor
    Not less than six months after the publication of the escheator's certificate, the State Treasurer shall lay before the Governor the escheator's certificate, and proof ...
  • 55-184.2 Form of sale agreement; notice of right to refund
    A sale agreement for the purchase of escheat property shall include a statement of the buyer's right to claim a refund pursuant to § 55-200 ...
  • 55-185 Description unavailable
    Repealed by Acts 1977, c. 583. ...
  • 55-186 When grant to issue to purchaser; reimbursable expenses
    A. When the escheator sells for cash he shall certify the purchase and the price to the State Treasurer, who, after determining that such price, ...
  • 55-186.1 In what form grant to issue
    Such grant shall be without warranty, and to the following effect: "A.B., Governor of the Commonwealth of Virginia, to all to whom these presents shall ...
  • 55-186.2 Governor to sign and seal grant; Librarian of Virginia to record it, etc.; delivery to and by Stat...
    The State Treasurer shall deliver such grant to the Governor, by whom it shall be signed and sealed with the lesser seal of the Commonwealth. ...
  • 55-186.3 Unrecorded escheat grants; original lost or destroyed; certified copy of grant.
    The clerk shall accept for recordation a copy of the grant from the Commonwealth that is certified as a true copy by the Librarian of ...
  • 55-187 Resale in case of default
    If the purchaser does not pay the purchase money into the state treasury within a reasonable time, deposits, if any, are forfeited and the State ...
  • 55-188 Description unavailable
    Repealed by Acts 1990, c. 938. ...
  • 55-189 Reports by escheators to State Treasurer; payment of moneys into state treasury
    The escheator shall file reports as required by the State Treasurer by agency directive. (Code 1919, § 510; 1977, c. 583; 1981, c. 514; 1990, ...
  • 55-190 Reports by State Treasurer to the Governor; penalty on escheators for failure of duty
    The State Treasurer shall, every May 1, file a report with the Governor containing the name of any escheator who fails to perform any duty ...
  • 55-190.1 State Treasurer may examine records of any commissioner of the revenue or escheator
    The State Treasurer may at reasonable times and upon reasonable notice examine the records of any escheator, commissioner of revenue, treasurer, or other person charged ...
  • 55-191 When State Treasurer to issue grant to purchaser
    When the purchase money shall have been fully paid, according to law, and not before, the State Treasurer shall issue a grant, for the lands ...
  • 55-192 Escheator's pay
    Except as provided hereinafter, the escheator shall have a commission of ten percent on all proceeds of sales made by him of escheated lands which ...
  • 55-193 Escheat of estates in trust and equitable titles
    An estate vested in a person merely by way of mortgage or on trust shall not escheat or be forfeited to the Commonwealth by reason ...
  • 55-194 Provision in favor of tenant of escheated land
    If any person holds any escheated land under a lease or has right to any rent or other profit out of the same, he shall ...
  • 55-195 In favor of creditor of decedent
    If any debt of a person who died seized of lands escheated to the Commonwealth remain unpaid after all the personal estate of such person ...
  • 55-196 Escheators to defend on behalf of Commonwealth
    The escheator shall answer and defend on the part of the Commonwealth any such suit against him or any petition filed under § 55-176 and ...
  • 55-197 Recovery by escheator of decedent's escheated residuum, and of property derelict; fee
    The residuum of a decedent's estate consisting of real property, belonging to the Commonwealth, or subject to escheat to the Commonwealth, and any such property ...
  • 55-198 Publication of suit; what to state and require
    When any such suit is instituted, the court shall cause a publication to be made once each week for four consecutive weeks in some newspaper ...
  • 55-199 Decree of the court
    If no person appear and show title in himself, the court shall decree the residuum or other property to the Commonwealth, and enforce the collection ...
  • 55-200 How money paid into state treasury from escheats may be recovered
    A. If within 120 days from the date of sale, a purchaser submits evidence satisfactory to the State Treasurer that the property described in the ...
  • 55-200.1 Rules and regulations of the State Treasurer
    The State Treasurer shall adopt any necessary rules and regulations in accordance with the Administrative Process Act (§ 2.2-4000 et seq.) to carry out the ...
  • 55-201 Continuation of certain statutes
    The first section of Chapter 114 of the Code of 1849, and the sections following that to the seventeenth section inclusive, of such chapter; the ...
  • 55-201.1 Pendency of escheat proceedings no bar to condemnation proceedings
    Notwithstanding any provision contained in this chapter, the Commonwealth Transportation Commissioner or any city, town, county or other political subdivision or agency of this Commonwealth ...

Last modified: April 3, 2009