§ 6.1-342. Rental for storage unpaid for three years
In any case where such company, bank, trust company, or other corporation, shall have received for safekeeping from any person, partnership, or corporation, any package or box to be stored in its general vault, and the rental for such storage shall have remained unpaid for a period of three years, such company, bank, trust company, or other corporation, shall have the right to open such package or box and to have the contents thereof inventoried, upon compliance substantially with the procedure as to witnesses, notices, and certificates hereinbefore provided with reference to the opening of any safe-deposit vault or box. Should the rental or other charges for the safekeeping of such package or box and the charges incident to the opening of the same remain unpaid for a period of two years from the date of such opening, the contents thereof may be sold upon compliance substantially with the procedure hereinbefore provided for the sale of the contents of any safe-deposit vault or box, and the proceeds of such sale shall be treated in the same manner hereinbefore provided for the treatment of the proceeds of sale of the contents of any safe-deposit vault or box.
(Code 1950, § 6-273; 1966, c. 584.)
Sections: Previous 6.1-331 6.1-332 6.1-332.1 6.1-333 6.1-334 6.1-335 6.1-336 6.1-337 6.1-338 6.1-339 6.1-340 6.1-341 6.1-342Last modified: April 2, 2009