Code of Virginia - Title 26 Fiduciaries Generally - Section 26-19 When fiduciaries to forfeit their commission, etc

§ 26-19. When fiduciaries to forfeit their commission, etc

If any such fiduciary wholly fail to lay before such commissioner a statement of all matters required in § 26-17.3 together with all other statements and items therein required for any year, within four months after its expiration, and, though a statement be laid before the commissioner, yet if the fiduciary be found chargeable for that year with any money or other property, not embraced in the statement, he shall have no compensation for his services during such year, nor commission on such money or other property unless allowed by the commissioner for good cause shown; the commissioner's action in such case shall be subject to review by the court on exceptions by any interested person. This section shall not apply to a case in which a fiduciary has laid a statement of his accounts within such year before a commissioner in chancery who in a pending suit has been ordered to settle his account.

(Code 1919, § 5409; 1946, p. 326; 1999, c. 378.)

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Last modified: April 16, 2009