§ 55.1-2513 Property of business associations held in course of dissolution
All intangible property distributable in the course of a voluntary or involuntary dissolution of a business association that remains unclaimed by the owner for more than one year after the date for specified final distribution is presumed abandoned.
History
This law was first created in 1960. The record of its establishment is cataloged in chapter 330 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1960 “Acts” aren’t available online. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1981, chapter 47; in 1983, chapter 190; in 2019, chapter 712.
1960, c. 330, § 55-210.7; 1981, c. 47; 1983, c. 190; 2019, c. 712.