{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-2532.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-2532.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-2532.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-2532.html"}],"law_id":60102,"edition_id":1,"section_id":60102,"structure_id":12710,"section_number":"55.1-2532","catch_line":"Filing claim to property or proceeds of sale of such property","history":"1960, c. 330, \u00a7 55-210.20; 2016, cc. 350, 529; 2019, c. 712; 2025, cc. 6, 20.","full_text":"A\n\nAny person claiming an interest in any property delivered to the Commonwealth under this chapter may file a claim to such property or to the proceeds from the sale of such property on a form prescribed by the administrator. The administrator shall also be authorized to make payments pursuant to this chapter without having received a claim, provided that (i) the property is cash property, (ii) the apparent owner is a natural person and is the sole owner of such property, (iii) the identity of such apparent owner has been verified by the administrator, and (iv) the amount to be paid does not exceed $5,000.B\n\nNotwithstanding any other provision of law, any person claiming an interest in any property delivered to the Commonwealth under this chapter for a reported owner who is deceased shall submit evidence of the claimant’s entitlement to payment together with a form prescribed by the administrator. In order of preference, such evidence may include (i) a certificate of qualification as the executor or an order of appointment as the administrator or personal representative of the decedent’s estate under the laws of the state of the decedent’s domicile; (ii) if applicable, an affidavit authorizing the claimant to be the designated successor under the Virginia Small Estate Act (§ 64.2-600 et seq.), or its equivalent under the laws of the state of the decedent’s domicile that names the claimant as the designated successor; or (iii) the order of distribution or the final accounting for a closed estate that reflects payment due in whole or in part to the claimant. When, in the absence of any such evidence, (a) the death of the reported owner occurred at least one year prior to filing the claim and (b) the amount claimed is $25,000 or less, exclusive of any interest owed pursuant to subsection C of § 55.1-2533, the administrator may allow the claimant to submit an affidavit stating the claimant’s entitlement to payment in the absence of sufficient documentation, and the administrator may approve the claim in his discretion, returning or paying all or the appropriate share of the deceased owner’s property to the claimant. The administrator may pay or deliver all of the deceased owner’s property to a claimant who submits the prescribed affidavit evidencing his agreement to receive and distribute the property to the other rightful heirs or beneficiaries and acknowledging his assumption of liability to those beneficiaries or heirs for failure to do so.C\n\nNotwithstanding any other provision of law, when paying or delivering unclaimed property under subsection B to a claimant who is not authorized to represent the decedent’s estate as the personal representative or the designated successor or the equivalent, the administrator is discharged and released to the same extent as if the administrator dealt with the authorized representative or designated successor for the decedent’s estate. The administrator shall deny any subsequent claim to the same property. Any person subsequently claiming an equal or superior right to the deceased owner’s property whose claim is denied by the administrator for this reason may seek redress from the claimant to whom payment was made.D\n\nThe administrator shall develop and make available a plain English explanation of a person’s right to make a claim, in accordance with the provisions of this section, for property delivered to the Commonwealth in cases where the reported owner of the property is deceased. The administrator shall also post such document on the Department of the Treasury’s website.","order_by":null,"text":{"0":{"id":219934,"text":"Any person claiming an interest in any property delivered to the Commonwealth under this chapter may file a claim to such property or to the proceeds from the sale of such property on a form prescribed by the administrator. The administrator shall also be authorized to make payments pursuant to this chapter without having received a claim, provided that (i) the property is cash property, (ii) the apparent owner is a natural person and is the sole owner of such property, (iii) the identity of such apparent owner has been verified by the administrator, and (iv) the amount to be paid does not exceed $5,000.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":219935,"text":"Notwithstanding any other provision of law, any person claiming an interest in any property delivered to the Commonwealth under this chapter for a reported owner who is deceased shall submit evidence of the claimant’s entitlement to payment together with a form prescribed by the administrator. In order of preference, such evidence may include (i) a certificate of qualification as the executor or an order of appointment as the administrator or personal representative of the decedent’s estate under the laws of the state of the decedent’s domicile; (ii) if applicable, an affidavit authorizing the claimant to be the designated successor under the Virginia Small Estate Act (§ 64.2-600 et seq.), or its equivalent under the laws of the state of the decedent’s domicile that names the claimant as the designated successor; or (iii) the order of distribution or the final accounting for a closed estate that reflects payment due in whole or in part to the claimant. When, in the absence of any such evidence, (a) the death of the reported owner occurred at least one year prior to filing the claim and (b) the amount claimed is $25,000 or less, exclusive of any interest owed pursuant to subsection C of § 55.1-2533, the administrator may allow the claimant to submit an affidavit stating the claimant’s entitlement to payment in the absence of sufficient documentation, and the administrator may approve the claim in his discretion, returning or paying all or the appropriate share of the deceased owner’s property to the claimant. The administrator may pay or deliver all of the deceased owner’s property to a claimant who submits the prescribed affidavit evidencing his agreement to receive and distribute the property to the other rightful heirs or beneficiaries and acknowledging his assumption of liability to those beneficiaries or heirs for failure to do so.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":219936,"text":"Notwithstanding any other provision of law, when paying or delivering unclaimed property under subsection B to a claimant who is not authorized to represent the decedent’s estate as the personal representative or the designated successor or the equivalent, the administrator is discharged and released to the same extent as if the administrator dealt with the authorized representative or designated successor for the decedent’s estate. The administrator shall deny any subsequent claim to the same property. Any person subsequently claiming an equal or superior right to the deceased owner’s property whose claim is denied by the administrator for this reason may seek redress from the claimant to whom payment was made.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":219937,"text":"The administrator shall develop and make available a plain English explanation of a person’s right to make a claim, in accordance with the provisions of this section, for property delivered to the Commonwealth in cases where the reported owner of the property is deceased. The administrator shall also post such document on the Department of the Treasury’s website.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":12710,"edition_id":1,"name":"Procedural and Administrative Matters","identifier":"3","label":"article","depth":4,"order_by":1,"parent_id":12709,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":248045,"object_type":"structure","relational_id":12710,"identifier":"3","token":"55.1\/V\/25\/3","url":"\/55.1\/V\/25\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12709,"edition_id":1,"name":"Virginia Disposition Of Unclaimed Property Act","identifier":"25","label":"chapter","depth":3,"order_by":1,"parent_id":12708,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":247943,"object_type":"structure","relational_id":12709,"identifier":"25","token":"55.1\/V\/25","url":"\/55.1\/V\/25\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12708,"edition_id":1,"name":"Miscellaneous","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":247771,"object_type":"structure","relational_id":12708,"identifier":"V","token":"55.1\/V","url":"\/55.1\/V\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12707,"edition_id":1,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":244769,"object_type":"structure","relational_id":12707,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":53937,"structure_id":12710,"section_number":"55.1-2524","catch_line":"Report and remittance to be made by holder of funds or property presumed abandoned; holder to exercise due diligence to locate owner","url":"\/55.1-2524\/","token":"55.1\/V\/25\/3\/55.1-2524","metadata":false},{"id":73610,"structure_id":12710,"section_number":"55.1-2525","catch_line":"Notices to be published by administrator","url":"\/55.1-2525\/","token":"55.1\/V\/25\/3\/55.1-2525","metadata":false},{"id":66200,"structure_id":12710,"section_number":"55.1-2526","catch_line":"Holder relieved of liability for property paid or delivered to administrator; payment to owner by holder; proceedings against prior holder; notice to administrator and Attorney General; reimbursement of holder","url":"\/55.1-2526\/","token":"55.1\/V\/25\/3\/55.1-2526","metadata":false},{"id":63169,"structure_id":12710,"section_number":"55.1-2527","catch_line":"Crediting of dividends, interest, or increments to owner's account","url":"\/55.1-2527\/","token":"55.1\/V\/25\/3\/55.1-2527","metadata":false},{"id":66817,"structure_id":12710,"section_number":"55.1-2528","catch_line":"Periods of limitation","url":"\/55.1-2528\/","token":"55.1\/V\/25\/3\/55.1-2528","metadata":false},{"id":81656,"structure_id":12710,"section_number":"55.1-2529","catch_line":"Sale of abandoned property by administrator","url":"\/55.1-2529\/","token":"55.1\/V\/25\/3\/55.1-2529","metadata":false},{"id":71834,"structure_id":12710,"section_number":"55.1-2530","catch_line":"Securities received in name of owner","url":"\/55.1-2530\/","token":"55.1\/V\/25\/3\/55.1-2530","metadata":false},{"id":55939,"structure_id":12710,"section_number":"55.1-2531","catch_line":"Disposition of funds received under chapter; records to be kept by administrator","url":"\/55.1-2531\/","token":"55.1\/V\/25\/3\/55.1-2531","metadata":false},{"id":60102,"structure_id":12710,"section_number":"55.1-2532","catch_line":"Filing claim to property or proceeds of sale of such property","url":"\/55.1-2532\/","token":"55.1\/V\/25\/3\/55.1-2532","metadata":false},{"id":71685,"structure_id":12710,"section_number":"55.1-2533","catch_line":"Consideration of and hearing on claim by administrator; payment; interest","url":"\/55.1-2533\/","token":"55.1\/V\/25\/3\/55.1-2533","metadata":false},{"id":76385,"structure_id":12710,"section_number":"55.1-2534","catch_line":"Judicial review of decision of administrator","url":"\/55.1-2534\/","token":"55.1\/V\/25\/3\/55.1-2534","metadata":false},{"id":83185,"structure_id":12710,"section_number":"55.1-2535","catch_line":"Election of administrator not to receive property or to postpone taking possession of funds","url":"\/55.1-2535\/","token":"55.1\/V\/25\/3\/55.1-2535","metadata":false},{"id":72223,"structure_id":12710,"section_number":"55.1-2536","catch_line":"Requests for verified reports and examinations of records","url":"\/55.1-2536\/","token":"55.1\/V\/25\/3\/55.1-2536","metadata":false},{"id":65026,"structure_id":12710,"section_number":"55.1-2537","catch_line":"Retention of records","url":"\/55.1-2537\/","token":"55.1\/V\/25\/3\/55.1-2537","metadata":false},{"id":80599,"structure_id":12710,"section_number":"55.1-2538","catch_line":"Confidentiality of information and records","url":"\/55.1-2538\/","token":"55.1\/V\/25\/3\/55.1-2538","metadata":false},{"id":79673,"structure_id":12710,"section_number":"55.1-2539","catch_line":"Enforcement of chapter","url":"\/55.1-2539\/","token":"55.1\/V\/25\/3\/55.1-2539","metadata":false},{"id":55112,"structure_id":12710,"section_number":"55.1-2540","catch_line":"Interest and penalties","url":"\/55.1-2540\/","token":"55.1\/V\/25\/3\/55.1-2540","metadata":false},{"id":81697,"structure_id":12710,"section_number":"55.1-2541","catch_line":"Determinations; appeal procedures; regulations of administrator","url":"\/55.1-2541\/","token":"55.1\/V\/25\/3\/55.1-2541","metadata":false},{"id":62395,"structure_id":12710,"section_number":"55.1-2542","catch_line":"Agreements to locate reported property; penalty","url":"\/55.1-2542\/","token":"55.1\/V\/25\/3\/55.1-2542","metadata":false},{"id":64814,"structure_id":12710,"section_number":"55.1-2543","catch_line":"Property presumed abandoned or escheated under laws of another state","url":"\/55.1-2543\/","token":"55.1\/V\/25\/3\/55.1-2543","metadata":false},{"id":80911,"structure_id":12710,"section_number":"55.1-2544","catch_line":"Property held or payable pursuant to Title 51.1","url":"\/55.1-2544\/","token":"55.1\/V\/25\/3\/55.1-2544","metadata":false},{"id":68580,"structure_id":12710,"section_number":"55.1-2545","catch_line":"Construction of chapter","url":"\/55.1-2545\/","token":"55.1\/V\/25\/3\/55.1-2545","metadata":false}],"previous_section":{"id":55939,"structure_id":12710,"section_number":"55.1-2531","catch_line":"Disposition of funds received under chapter; records to be kept by administrator","url":"\/55.1-2531\/","token":"55.1\/V\/25\/3\/55.1-2531","metadata":false},"next_section":{"id":71685,"structure_id":12710,"section_number":"55.1-2533","catch_line":"Consideration of and hearing on claim by administrator; payment; interest","url":"\/55.1-2533\/","token":"55.1\/V\/25\/3\/55.1-2533","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2532\/","history_text":"

This law was first created in 1960. The record of its establishment is cataloged in chapter 330 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1960 \u201cActs\u201d aren\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2016, chapters 350<\/a> and 529<\/a>; in 2019, chapter 712<\/a>; in 2025, chapters 6<\/a> and 20<\/a>.<\/p>","references":false,"refers_to":[{"id":71685,"section_number":"55.1-2533","catch_line":"Consideration of and hearing on claim by administrator; payment; interest","order_by":null,"url":"\/55.1-2533\/"},{"id":55234,"section_number":"64.2-600","catch_line":"Definitions","order_by":null,"url":"\/64.2-600\/"}],"permalink":{"id":248079,"object_type":"law","relational_id":60102,"identifier":"55.1-2532","token":"55.1\/V\/25\/3\/55.1-2532","url":"\/55.1-2532\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-2532\/","token":"55.1\/V\/25\/3\/55.1-2532","dublin_core":{"Title":"Filing claim to property or proceeds of sale of such property","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2532","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any person<\/span> claiming an interest in any property delivered to the Commonwealth under this chapter may file a claim to such property or to the proceeds from the sale of such property on a form prescribed by the administrator<\/span>. The administrator<\/span> shall also be authorized to make payments pursuant to this chapter without having received a claim, provided that (i) the property is cash property, (ii) the apparent owner<\/span> is a natural person<\/span> and is the sole owner of such property, (iii) the identity of such apparent owner<\/span> has been verified by the administrator<\/span>, and (iv) the amount to be paid does not exceed $5,000. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Notwithstanding any other provision of law<\/span>, any person<\/span> claiming an interest in any property delivered to the Commonwealth under this chapter for a reported owner who is deceased shall submit evidence<\/span> of the claimant’s entitlement to payment together with a form prescribed by the administrator<\/span>. In order<\/span> of preference, such evidence<\/span> may include (i) a certificate of qualification as the executor or an order<\/span> of appointment as the administrator<\/span> or personal representative of the decedent’s estate under the laws<\/span> of the state of the decedent’s domicile<\/span>; (ii) if applicable, an affidavit<\/span> authorizing the claimant to be the designated successor under the Virginia Small Estate Act<\/span> (§ 64.2-600<\/a> et seq.), or its equivalent under the laws<\/span> of the state of the decedent’s domicile<\/span> that names the claimant as the designated successor; or (iii) the order<\/span> of distribution or the final accounting for a closed estate that reflects payment due in whole or in part to the claimant. When, in the absence of any such evidence<\/span>, (a) the death of the reported owner occurred at least one year prior to filing the claim and (b) the amount claimed is $25,000 or less, exclusive of any interest owed pursuant to subsection C of § 55.1-2533<\/a>, the administrator<\/span> may allow the claimant to submit an affidavit<\/span> stating the claimant’s entitlement to payment in the absence of sufficient documentation, and the administrator<\/span> may approve the claim in his discretion, returning or paying all or the appropriate share of the deceased owner’s property to the claimant. The administrator<\/span> may pay or deliver all of the deceased owner’s property to a claimant who submits the prescribed affidavit<\/span> evidencing his agreement to receive and distribute the property to the other rightful heirs or beneficiaries and acknowledging his assumption of liability to those beneficiaries or heirs for failure to do so. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Notwithstanding any other provision of law<\/span>, when paying or delivering unclaimed property<\/span> under subsection B to a claimant who is not authorized to represent the decedent’s estate as the personal representative or the designated successor or the equivalent, the administrator<\/span> is discharged and released to the same extent as if the administrator<\/span> dealt with the authorized representative or designated successor for the decedent’s estate. The administrator<\/span> shall deny any subsequent claim to the same property. Any person<\/span> subsequently claiming an equal or superior right to the deceased owner’s property whose claim is denied by the administrator<\/span> for this reason may seek redress from the claimant to whom payment was made. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The administrator<\/span> shall develop and make available a plain English explanation of a person<\/span>’s right to make a claim, in accordance with the provisions of this section, for property delivered to the Commonwealth in cases where the reported owner of the property is deceased. The administrator<\/span> shall also post such document on the Department of the Treasury’s website. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nFILING CLAIM TO PROPERTY OR PROCEEDS OF SALE OF SUCH PROPERTY (\u00a7 55.1-2532)\n\nA. Any person claiming an interest in any property delivered to the Commonwealth\nunder this chapter may file a claim to such property or to the proceeds from the\nsale of such property on a form prescribed by the administrator. The\nadministrator shall also be authorized to make payments pursuant to this chapter\nwithout having received a claim, provided that (i) the property is cash\nproperty, (ii) the apparent owner is a natural person and is the sole owner of\nsuch property, (iii) the identity of such apparent owner has been verified by\nthe administrator, and (iv) the amount to be paid does not exceed $5,000.\n\nB. Notwithstanding any other provision of law, any person claiming an interest\nin any property delivered to the Commonwealth under this chapter for a reported\nowner who is deceased shall submit evidence of the claimant’s entitlement\nto payment together with a form prescribed by the administrator. In order of\npreference, such evidence may include (i) a certificate of qualification as the\nexecutor or an order of appointment as the administrator or personal\nrepresentative of the decedent’s estate under the laws of the state of the\ndecedent’s domicile; (ii) if applicable, an affidavit authorizing the\nclaimant to be the designated successor under the Virginia Small Estate Act\n(§ 64.2-600 et seq.), or its equivalent under the laws of the state of the\ndecedent’s domicile that names the claimant as the designated successor;\nor (iii) the order of distribution or the final accounting for a closed estate\nthat reflects payment due in whole or in part to the claimant. When, in the\nabsence of any such evidence, (a) the death of the reported owner occurred at\nleast one year prior to filing the claim and (b) the amount claimed is $25,000\nor less, exclusive of any interest owed pursuant to subsection C of §\n55.1-2533, the administrator may allow the claimant to submit an affidavit\nstating the claimant’s entitlement to payment in the absence of sufficient\ndocumentation, and the administrator may approve the claim in his discretion,\nreturning or paying all or the appropriate share of the deceased owner’s\nproperty to the claimant. The administrator may pay or deliver all of the\ndeceased owner’s property to a claimant who submits the prescribed\naffidavit evidencing his agreement to receive and distribute the property to the\nother rightful heirs or beneficiaries and acknowledging his assumption of\nliability to those beneficiaries or heirs for failure to do so.\n\nC. Notwithstanding any other provision of law, when paying or delivering\nunclaimed property under subsection B to a claimant who is not authorized to\nrepresent the decedent’s estate as the personal representative or the\ndesignated successor or the equivalent, the administrator is discharged and\nreleased to the same extent as if the administrator dealt with the authorized\nrepresentative or designated successor for the decedent’s estate. The\nadministrator shall deny any subsequent claim to the same property. Any person\nsubsequently claiming an equal or superior right to the deceased owner’s\nproperty whose claim is denied by the administrator for this reason may seek\nredress from the claimant to whom payment was made.\n\nD. The administrator shall develop and make available a plain English\nexplanation of a person’s right to make a claim, in accordance with the\nprovisions of this section, for property delivered to the Commonwealth in cases\nwhere the reported owner of the property is deceased. The administrator shall\nalso post such document on the Department of the Treasury’s website.\n\nHISTORY: 1960, c. 330, \u00a7 55-210.20; 2016, cc. 350, 529; 2019, c. 712; 2025, cc.\n6, 20.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}