{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-602.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-602.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-602.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-602.html"}],"law_id":70982,"edition_id":1,"section_id":70982,"structure_id":12971,"section_number":"64.2-602","catch_line":"Payment or delivery of small asset valued at $35,000 or less without affidavit","history":"1981, c. 281, \u00a7 64.1-132.3; 2010, c. 269; 2012, c. 614; 2014, c. 532; 2025, c. 148.","full_text":"A\n\nNotwithstanding the provisions of \u00a7 64.2-601, any person having possession of a small asset valued at $35,000 or less may pay or deliver the small asset to any successor provided that:1\n\nAt least 60 days have elapsed since the decedent’s death; and2\n\nNo application for the appointment of a personal representative is pending or has been granted in any jurisdiction.B\n\nThe designated successor shall have a fiduciary duty to safeguard and promptly pay or deliver the small asset as required by the laws of the Commonwealth to the other successors, if any.","order_by":null,"text":{"0":{"id":255983,"text":"Notwithstanding the provisions of \u00a7 64.2-601, any person having possession of a small asset valued at $35,000 or less may pay or deliver the small asset to any successor provided that:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":255984,"text":"At least 60 days have elapsed since the decedent’s death; and","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":255985,"text":"No application for the appointment of a personal representative is pending or has been granted in any jurisdiction.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"B"},"3":{"id":255986,"text":"The designated successor shall have a fiduciary duty to safeguard and promptly pay or deliver the small asset as required by the laws of the Commonwealth to the other successors, if any.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A2"}},"ancestry":[{"id":12971,"edition_id":1,"name":"Virginia Small Estate Act","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":12970,"metadata":{},"date_created":"2026-06-26 03:44:05","date_modified":"2026-06-26 03:44:05","permalink":{"id":273645,"object_type":"structure","relational_id":12971,"identifier":"1","token":"64.2\/II\/6\/1","url":"\/64.2\/II\/6\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12970,"edition_id":1,"name":"Transfers Without Qualification","identifier":"6","label":"chapter","depth":3,"order_by":1,"parent_id":12863,"metadata":{},"date_created":"2026-06-26 03:44:05","date_modified":"2026-06-26 03:44:05","permalink":{"id":273643,"object_type":"structure","relational_id":12970,"identifier":"6","token":"64.2\/II\/6","url":"\/64.2\/II\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12863,"edition_id":1,"name":"Wills and Decedents' Estates","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:43:57","date_modified":"2026-06-26 03:43:57","permalink":{"id":272911,"object_type":"structure","relational_id":12863,"identifier":"II","token":"64.2\/II","url":"\/64.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":55234,"structure_id":12971,"section_number":"64.2-600","catch_line":"Definitions","url":"\/64.2-600\/","token":"64.2\/II\/6\/1\/64.2-600","metadata":false},{"id":57425,"structure_id":12971,"section_number":"64.2-601","catch_line":"Payment or delivery of small asset by affidavit","url":"\/64.2-601\/","token":"64.2\/II\/6\/1\/64.2-601","metadata":false},{"id":70982,"structure_id":12971,"section_number":"64.2-602","catch_line":"Payment or delivery of small asset valued at $35,000 or less without affidavit","url":"\/64.2-602\/","token":"64.2\/II\/6\/1\/64.2-602","metadata":false},{"id":54060,"structure_id":12971,"section_number":"64.2-603","catch_line":"Discharge and release of payor","url":"\/64.2-603\/","token":"64.2\/II\/6\/1\/64.2-603","metadata":false},{"id":69376,"structure_id":12971,"section_number":"64.2-604","catch_line":"Payment or delivery of small asset; funeral expenses and disposition","url":"\/64.2-604\/","token":"64.2\/II\/6\/1\/64.2-604","metadata":false},{"id":72217,"structure_id":12971,"section_number":"64.2-605","catch_line":"Construction of article","url":"\/64.2-605\/","token":"64.2\/II\/6\/1\/64.2-605","metadata":false}],"previous_section":{"id":57425,"structure_id":12971,"section_number":"64.2-601","catch_line":"Payment or delivery of small asset by affidavit","url":"\/64.2-601\/","token":"64.2\/II\/6\/1\/64.2-601","metadata":false},"next_section":{"id":54060,"structure_id":12971,"section_number":"64.2-603","catch_line":"Discharge and release of payor","url":"\/64.2-603\/","token":"64.2\/II\/6\/1\/64.2-603","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-602\/","history_text":"

This law was first created in 1981. The record of its establishment is cataloged in chapter 281 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 1981 \u201cActs\u201d aren\u2019t available online. It has been modified 4 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 2010, chapter 269<\/a>; in 2012, chapter 614<\/a>; in 2014, chapter 532<\/a>; in 2025, chapter 148<\/a>.<\/p>","references":[{"id":78151,"section_number":"51.1-511","catch_line":"Persons entitled to payment of insurance on employee's death","order_by":null,"url":"\/51.1-511\/"},{"id":64186,"section_number":"6.2-1367","catch_line":"Application of provisions to federal credit unions","order_by":null,"url":"\/6.2-1367\/"},{"id":54060,"section_number":"64.2-603","catch_line":"Discharge and release of payor","order_by":null,"url":"\/64.2-603\/"}],"refers_to":[{"id":57425,"section_number":"64.2-601","catch_line":"Payment or delivery of small asset by affidavit","order_by":null,"url":"\/64.2-601\/"}],"permalink":{"id":273655,"object_type":"law","relational_id":70982,"identifier":"64.2-602","token":"64.2\/II\/6\/1\/64.2-602","url":"\/64.2-602\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-602\/","token":"64.2\/II\/6\/1\/64.2-602","dublin_core":{"Title":"Payment or delivery of small asset valued at $35,000 or less without affidavit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-602","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Notwithstanding the provisions of \u00a7 64.2-601<\/a>, any person<\/span> having possession<\/span> of a small asset<\/span> valued at $35,000 or less may pay or deliver the small asset<\/span> to any successor<\/span> provided that: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> At least 60 days have elapsed since the decedent’s death; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> No application for the appointment of a personal representative<\/span> is pending or has been granted in any jurisdiction<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The designated successor<\/span> shall have a fiduciary<\/span> duty to safeguard and promptly pay or deliver the small asset<\/span> as required by the laws<\/span> of the Commonwealth to the other successors<\/span>, if any. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPAYMENT OR DELIVERY OF SMALL ASSET VALUED AT $35,000 OR LESS WITHOUT AFFIDAVIT\n(\u00a7 64.2-602)\n\nA. Notwithstanding the provisions of \u00a7 64.2-601, any person having possession\nof a small asset valued at $35,000 or less may pay or deliver the small asset to\nany successor provided that:\n\n 1. At least 60 days have elapsed since the decedent’s death; and\n\n 2. No application for the appointment of a personal representative is pending\n or has been granted in any jurisdiction.\n\nB. The designated successor shall have a fiduciary duty to safeguard and\npromptly pay or deliver the small asset as required by the laws of the\nCommonwealth to the other successors, if any.\n\nHISTORY: 1981, c. 281, \u00a7 64.1-132.3; 2010, c. 269; 2012, c. 614; 2014, c. 532;\n2025, c. 148.","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}}