Code of Virginia - Title 26 Fiduciaries Generally - Section 26-9 Report on fiduciaries' bonds;

§ 26-9. Report on fiduciaries' bonds; "record of fiduciaries."

The clerk of each such court shall furnish his commissioner or commissioners of accounts at the end of each month a list of the fiduciaries authorized to act as such under orders entered during that month and examine as to each fiduciary whether he has given such bond as the law requires, and if it appear that he has given no bond or that his bond is defective shall report such fact to his court forthwith.

The commissioner or commissioners of accounts shall enter in separate columns in a book or other proper record to be kept by him and called the "record of fiduciaries":

(1) The name of every such fiduciary;

(2) The name of the decedent whose estate he represents or the name of the living person for whom he is acting in fiduciary capacity;

(3) The penalty of his bond;

(4) The names of his sureties;

(5) The date of the order conferring his authority;

(6) The date of any order revoking his authority;

(7) The date of the return of every inventory of the estate; and

(8) The date of each settlement of the accounts of the fiduciary.

The commissioner or commissioners of accounts shall index the book or other proper record in the name of the decedent or person represented by the fiduciary.

The clerk of the court shall certify to the commissioner or commissioners within ten days the revocation of the authority of every such fiduciary.

Any commissioner failing to make such entry or any clerk failing to certify such revocation for ten days after the time herein prescribed shall for every such failure forfeit twenty dollars.

(Code 1919, § 5401; 1946, p. 324; 1956, c. 59; 1973, c. 544.)

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Last modified: April 3, 2009