{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1174.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1174.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1174.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1174.html"}],"law_id":73540,"edition_id":1,"section_id":73540,"structure_id":14436,"section_number":"6.2-1174","catch_line":"Accounts of deceased or incompetent persons","history":"Code 1950, \u00a7 6-201.25; 1960, c. 402; 1966, c. 584, \u00a7 6.1-152; 1972, c. 796, \u00a7 6.1-195.28; 1985, c. 425, \u00a7 6.1-194.57; 2010, c. 794.","full_text":"A\n\nA savings institution may pay funds held in the account of a deceased person or a person under disability to the personal representative, committee, conservator, guardian, or curator of such person upon proper proof of the appointment and qualification of such fiduciary. Any savings institution making such payment shall not thereafter be liable for the amount thereof to any person. The presentation of a duly certified letter or certificate of qualification as personal representative or other fiduciary shall be conclusive proof of the jurisdiction of the court issuing the same.B\n\nA savings institution that has not received written notice and is not on actual notice that an account owner is deceased or has been adjudicated incompetent may pay or deliver funds held in such person’s account in accordance with the provisions of the account contract without liability to any person for the amounts so paid or delivered.","order_by":null,"text":{"0":{"id":264587,"text":"A savings institution may pay funds held in the account of a deceased person or a person under disability to the personal representative, committee, conservator, guardian, or curator of such person upon proper proof of the appointment and qualification of such fiduciary. Any savings institution making such payment shall not thereafter be liable for the amount thereof to any person. The presentation of a duly certified letter or certificate of qualification as personal representative or other fiduciary shall be conclusive proof of the jurisdiction of the court issuing the same.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":264588,"text":"A savings institution that has not received written notice and is not on actual notice that an account owner is deceased or has been adjudicated incompetent may pay or deliver funds held in such person’s account in accordance with the provisions of the account contract without liability to any person for the amounts so paid or delivered.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14436,"edition_id":1,"name":"Accounts","identifier":"6","label":"article","depth":4,"order_by":1,"parent_id":13490,"metadata":{},"date_created":"2026-06-26 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03:44:07","permalink":{"id":263685,"object_type":"structure","relational_id":13000,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":60070,"structure_id":14436,"section_number":"6.2-1166","catch_line":"Accounts of state savings institutions","url":"\/6.2-1166\/","token":"6.2\/II\/11\/6\/6.2-1166","metadata":false},{"id":72669,"structure_id":14436,"section_number":"6.2-1167","catch_line":"Rules governing withdrawal","url":"\/6.2-1167\/","token":"6.2\/II\/11\/6\/6.2-1167","metadata":false},{"id":72950,"structure_id":14436,"section_number":"6.2-1168","catch_line":"Redemption","url":"\/6.2-1168\/","token":"6.2\/II\/11\/6\/6.2-1168","metadata":false},{"id":67289,"structure_id":14436,"section_number":"6.2-1169","catch_line":"Accounts of savings institutions as legal investments and as security","url":"\/6.2-1169\/","token":"6.2\/II\/11\/6\/6.2-1169","metadata":false},{"id":69447,"structure_id":14436,"section_number":"6.2-1170","catch_line":"Deposits of federal taxes and U.S. Treasury tax and loan accounts","url":"\/6.2-1170\/","token":"6.2\/II\/11\/6\/6.2-1170","metadata":false},{"id":75969,"structure_id":14436,"section_number":"6.2-1171","catch_line":"Accounts under federal Self-Employed Individuals Tax Retirement Act and federal Employee Retirement Income Security Act of 1974 (P.L. 93-406, 88 Stat. 829)","url":"\/6.2-1171\/","token":"6.2\/II\/11\/6\/6.2-1171","metadata":false},{"id":76647,"structure_id":14436,"section_number":"6.2-1172","catch_line":"Accounts issued in name of minor","url":"\/6.2-1172\/","token":"6.2\/II\/11\/6\/6.2-1172","metadata":false},{"id":55801,"structure_id":14436,"section_number":"6.2-1173","catch_line":"Powers of attorney on accounts","url":"\/6.2-1173\/","token":"6.2\/II\/11\/6\/6.2-1173","metadata":false},{"id":73540,"structure_id":14436,"section_number":"6.2-1174","catch_line":"Accounts of deceased or incompetent persons","url":"\/6.2-1174\/","token":"6.2\/II\/11\/6\/6.2-1174","metadata":false},{"id":86347,"structure_id":14436,"section_number":"6.2-1175","catch_line":"Repealed","url":"\/6.2-1175\/","token":"6.2\/II\/11\/6\/6.2-1175","metadata":false},{"id":57143,"structure_id":14436,"section_number":"6.2-1176","catch_line":"Accounts of fiduciaries","url":"\/6.2-1176\/","token":"6.2\/II\/11\/6\/6.2-1176","metadata":false},{"id":58219,"structure_id":14436,"section_number":"6.2-1177","catch_line":"Savings institution need not inquire as to fiduciary funds deposited in fiduciary's personal account","url":"\/6.2-1177\/","token":"6.2\/II\/11\/6\/6.2-1177","metadata":false},{"id":66743,"structure_id":14436,"section_number":"6.2-1178","catch_line":"Accounts held by various trustees for same beneficiary","url":"\/6.2-1178\/","token":"6.2\/II\/11\/6\/6.2-1178","metadata":false}],"previous_section":{"id":55801,"structure_id":14436,"section_number":"6.2-1173","catch_line":"Powers of attorney on accounts","url":"\/6.2-1173\/","token":"6.2\/II\/11\/6\/6.2-1173","metadata":false},"next_section":{"id":86347,"structure_id":14436,"section_number":"6.2-1175","catch_line":"Repealed","url":"\/6.2-1175\/","token":"6.2\/II\/11\/6\/6.2-1175","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1174\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 5 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 1960, chapter 402; in 1966, chapter 584; in 1972, chapter 796; in 1985, chapter 425; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":264411,"object_type":"law","relational_id":73540,"identifier":"6.2-1174","token":"6.2\/II\/11\/6\/6.2-1174","url":"\/6.2-1174\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1174\/","token":"6.2\/II\/11\/6\/6.2-1174","dublin_core":{"Title":"Accounts of deceased or incompetent persons","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1174","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A savings institution<\/span> may pay funds held in the account<\/span> of a deceased person<\/span> or a person<\/span> under disability to the personal representative, committee, conservator, guardian, or curator of such person<\/span> upon proper proof of the appointment and qualification of such fiduciary. Any savings institution<\/span> making such payment shall not thereafter be liable for the amount thereof to any person<\/span>. The presentation of a duly certified letter or certificate of qualification as personal representative or other fiduciary shall be conclusive proof of the jurisdiction<\/span> of the court<\/span> issuing the same. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A savings institution<\/span> that has not received written notice and is not on actual notice that an account<\/span> owner is deceased or has been adjudicated incompetent may pay or deliver funds held in such person<\/span>’s account<\/span> in accordance with the provisions of the account<\/span> contract<\/span> without liability to any person<\/span> for the amounts so paid or delivered. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nACCOUNTS OF DECEASED OR INCOMPETENT PERSONS (\u00a7 6.2-1174)\n\nA. A savings institution may pay funds held in the account of a deceased person\nor a person under disability to the personal representative, committee,\nconservator, guardian, or curator of such person upon proper proof of the\nappointment and qualification of such fiduciary. Any savings institution making\nsuch payment shall not thereafter be liable for the amount thereof to any\nperson. The presentation of a duly certified letter or certificate of\nqualification as personal representative or other fiduciary shall be conclusive\nproof of the jurisdiction of the court issuing the same.\n\nB. A savings institution that has not received written notice and is not on\nactual notice that an account owner is deceased or has been adjudicated\nincompetent may pay or deliver funds held in such person’s account in\naccordance with the provisions of the account contract without liability to any\nperson for the amounts so paid or delivered.\n\nHISTORY: Code 1950, \u00a7 6-201.25; 1960, c. 402; 1966, c. 584, \u00a7 6.1-152; 1972,\nc. 796, \u00a7 6.1-195.28; 1985, c. 425, \u00a7 6.1-194.57; 2010, c. 794.","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}}