Code of Virginia - Title 26 Fiduciaries Generally - Section 26-56 How securities transferred to successor

§ 26-56. How securities transferred to successor

When any securities for money loaned or invested shall be standing in the name of any fiduciary who shall have died, resigned or whose power shall have been revoked, and such fiduciary or his personal representative shall not have transferred such securities to his successor, the court in which such fiduciary shall have qualified, upon the petition of such successor, or of any other person interested, may direct such securities to be transferred to such successor, or a receiver of such court or otherwise, and may direct the dividends, interest, or proceeds of such securities to be received or paid in such manner as such court shall think proper.

(Code 1919, § 5432.)

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Last modified: April 3, 2009