Code of Virginia - Title 26 Fiduciaries Generally - Section 26-66 Sale of property and payment of proceeds to nonresident trustee

§ 26-66. Sale of property and payment of proceeds to nonresident trustee

If, in any proceeding under § 26-60 or in case of an interest in property acquired by a will that does not restrict the transfer of property out of this Commonwealth upon petition under § 26-60, it shall appear to the court to be proper, it may order the property, or any part of it, to be sold, and the proceeds to be paid to the foreign guardian, conservator or committee or nonresident trustee.

(Code 1919, § 5355; 1968, c. 399; 1997, c. 801; 2005, c. 935.)

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Last modified: April 16, 2009