Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-334 Opening box; marking contents

§ 6.1-334. Opening box; marking contents

Upon the expiration of 60 days from the date of mailing the notice required by § 6.1-331 and the failure within such period of time of the renter or lessee in whose name the safe or box stands on the books of the company, bank, trust company, or other corporation to pay the amount due for the rental thereof to the time of payment, together with legal interest thereon, the company, bank, trust company, or other corporation may, in the presence of two bank employees, one of whom shall be a notary public, cause such safe or box to be opened, and the contents thereof, if any, to be removed, inventoried and sealed up by such notary public in a package, upon which the notary shall distinctly mark the name of the renter or lessee in whose name the safe or box stood on the books of the company, bank, trust company or other corporation, and the date of removal of the property.

(Code 1950, § 6-265; 1966, c. 584; 2003, c. 437.)

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Last modified: April 16, 2009