Code of Virginia - Title 26 Fiduciaries Generally - Section 26-12.2 When inventory and settlement not required

§ 26-12.2. When inventory and settlement not required

An inventory under § 26-12 or a settlement under § 26-17 shall not be required of a personal representative who qualifies for the sole purpose of bringing an action under § 8.01-50. However, if there be no surviving relative designated as a beneficiary under § 8.01-53 and the court directs that the funds recovered in such action be paid to the personal representative for distribution according to law, such personal representative shall file the inventory required in § 26-12 and the statement required under § 26-17.

(1966, c. 338.)

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Last modified: April 16, 2009