{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.01-585.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.01-585.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.01-585.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.01-585.html"}],"law_id":76376,"edition_id":1,"section_id":76376,"structure_id":16117,"section_number":"8.01-585","catch_line":"How accounts kept by receivers","history":"Code 1950, \u00a7 8-728; 1977, c. 617; 1988, c. 553; 1989, c. 69.","full_text":"Each such general receiver shall keep an accurate and particular account of all moneys received, invested and paid out by him, showing the respective amounts to the credit of each case in the court and designating in the items the judgments, orders or decrees of court under which the respective sums have been received, invested or paid out. No later than October 1 of each year, he shall make a report to his court showing the balance to the credit of each case in the court in which money has been received by him, the manner of each case in the court in which money has been received by him, the manner in which it is invested, the amounts received, invested or paid out during the year ending June 30 of the current year, the approximate date on which the moneys held for the beneficiaries will become payable, and the whole amount then invested and subject to the future order of the court. A copy of the annual report shall be recorded in the trust fund order book. He shall, at any time when required by the court or the Auditor of Public Accounts so to do, furnish a statement of the amount subject to the order of the court in any case pending therein and any other information required by the court or the Auditor of Public Accounts as to any money or other property under his control. He shall annually make formal settlement of his accounts before the court or before the commissioner mentioned in \u00a7 8.01-617 which settlement shall be recorded as provided in \u00a7 8.01-619.","order_by":null,"text":{"0":{"id":274182,"text":"Each such general receiver shall keep an accurate and particular account of all moneys received, invested and paid out by him, showing the respective amounts to the credit of each case in the court and designating in the items the judgments, orders or decrees of court under which the respective sums have been received, invested or paid out. No later than October 1 of each year, he shall make a report to his court showing the balance to the credit of each case in the court in which money has been received by him, the manner of each case in the court in which money has been received by him, the manner in which it is invested, the amounts received, invested or paid out during the year ending June 30 of the current year, the approximate date on which the moneys held for the beneficiaries will become payable, and the whole amount then invested and subject to the future order of the court. A copy of the annual report shall be recorded in the trust fund order book. He shall, at any time when required by the court or the Auditor of Public Accounts so to do, furnish a statement of the amount subject to the order of the court in any case pending therein and any other information required by the court or the Auditor of Public Accounts as to any money or other property under his control. He shall annually make formal settlement of his accounts before the court or before the commissioner mentioned in \u00a7 8.01-617 which settlement shall be recorded as provided in \u00a7 8.01-619.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16117,"edition_id":1,"name":"General Receivers","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":14702,"metadata":{},"date_created":"2026-06-26 04:06:26","date_modified":"2026-06-26 04:06:26","permalink":{"id":279053,"object_type":"structure","relational_id":16117,"identifier":"1","token":"8.01\/22\/1","url":"\/8.01\/22\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14702,"edition_id":1,"name":"Receivers, General and Special","identifier":"22","label":"chapter","depth":2,"order_by":1,"parent_id":12747,"metadata":{},"date_created":"2026-06-26 03:49:25","date_modified":"2026-06-26 03:49:25","permalink":{"id":279051,"object_type":"structure","relational_id":14702,"identifier":"22","token":"8.01\/22","url":"\/8.01\/22\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12747,"edition_id":1,"name":"Civil Remedies and Procedure","identifier":"8.01","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":277029,"object_type":"structure","relational_id":12747,"identifier":"8.01","token":"8.01","url":"\/8.01\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":63701,"structure_id":16117,"section_number":"8.01-582","catch_line":"Appointment of general receivers; their duties; audit of funds","url":"\/8.01-582\/","token":"8.01\/22\/1\/8.01-582","metadata":false},{"id":73240,"structure_id":16117,"section_number":"8.01-583","catch_line":"How securities taken and kept; power of receivers over same","url":"\/8.01-583\/","token":"8.01\/22\/1\/8.01-583","metadata":false},{"id":77860,"structure_id":16117,"section_number":"8.01-584","catch_line":"How dividends and interest collected and invested","url":"\/8.01-584\/","token":"8.01\/22\/1\/8.01-584","metadata":false},{"id":76376,"structure_id":16117,"section_number":"8.01-585","catch_line":"How accounts kept by receivers","url":"\/8.01-585\/","token":"8.01\/22\/1\/8.01-585","metadata":false},{"id":75298,"structure_id":16117,"section_number":"8.01-586","catch_line":"Inquiry as to unknown owners of funds","url":"\/8.01-586\/","token":"8.01\/22\/1\/8.01-586","metadata":false},{"id":69775,"structure_id":16117,"section_number":"8.01-587","catch_line":"Liability of general receivers","url":"\/8.01-587\/","token":"8.01\/22\/1\/8.01-587","metadata":false},{"id":72633,"structure_id":16117,"section_number":"8.01-588","catch_line":"Bonds generally","url":"\/8.01-588\/","token":"8.01\/22\/1\/8.01-588","metadata":false},{"id":75269,"structure_id":16117,"section_number":"8.01-588.1","catch_line":"Bonds apportioned to funds under control; annual reports","url":"\/8.01-588.1\/","token":"8.01\/22\/1\/8.01-588.1","metadata":false},{"id":80014,"structure_id":16117,"section_number":"8.01-589","catch_line":"Compensation and fees; when none allowed","url":"\/8.01-589\/","token":"8.01\/22\/1\/8.01-589","metadata":false},{"id":73365,"structure_id":16117,"section_number":"8.01-590","catch_line":"Penalty for failure of duty","url":"\/8.01-590\/","token":"8.01\/22\/1\/8.01-590","metadata":false}],"previous_section":{"id":77860,"structure_id":16117,"section_number":"8.01-584","catch_line":"How dividends and interest collected and invested","url":"\/8.01-584\/","token":"8.01\/22\/1\/8.01-584","metadata":false},"next_section":{"id":75298,"structure_id":16117,"section_number":"8.01-586","catch_line":"Inquiry as to unknown owners of funds","url":"\/8.01-586\/","token":"8.01\/22\/1\/8.01-586","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.01-585\/","history_text":"

The record of this law\u2019s original creation isn\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 1977, chapter 617; in 1988, chapter 553; in 1989, chapter 69.<\/p>","references":[{"id":73365,"section_number":"8.01-590","catch_line":"Penalty for failure of duty","order_by":null,"url":"\/8.01-590\/"}],"refers_to":[{"id":55904,"section_number":"8.01-617","catch_line":"Settlement of accounts of special receivers and special commissioners","order_by":null,"url":"\/8.01-617\/"},{"id":73212,"section_number":"8.01-619","catch_line":"Recordation of reports of such settlements","order_by":null,"url":"\/8.01-619\/"}],"permalink":{"id":279067,"object_type":"law","relational_id":76376,"identifier":"8.01-585","token":"8.01\/22\/1\/8.01-585","url":"\/8.01-585\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.01-585\/","token":"8.01\/22\/1\/8.01-585","dublin_core":{"Title":"How accounts kept by receivers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.01-585","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Each such general receiver shall keep an accurate and particular account of all moneys received, invested and paid out by him, showing the respective amounts to the credit of each case in the court<\/span> and designating in the items the judgments<\/span>, orders<\/span> or decrees<\/span> of court<\/span> under which the respective sums have been received, invested or paid out. No later than October 1 of each year, he shall make a report to his court<\/span> showing the balance to the credit of each case in the court<\/span> in which money has been received by him, the manner of each case in the court<\/span> in which money has been received by him, the manner in which it is invested, the amounts received, invested or paid out during the year ending June 30 of the current year, the approximate date on which the moneys held for the beneficiaries will become payable, and the whole amount then invested and subject to the future order<\/span> of the court<\/span>. A copy of the annual report shall be recorded in the trust fund order<\/span> book. He shall, at any time when required by the court<\/span> or the Auditor of Public Accounts so to do, furnish a statement of the amount subject to the order<\/span> of the court<\/span> in any case pending therein and any other information required by the court<\/span> or the Auditor of Public Accounts as to any money or other property under his control. He shall annually make formal settlement<\/span> of his accounts before the court<\/span> or before the commissioner mentioned in \u00a7 8.01-617<\/a> which settlement<\/span> shall be recorded as provided in \u00a7 8.01-619<\/a>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nHOW ACCOUNTS KEPT BY RECEIVERS (\u00a7 8.01-585)\n\nEach such general receiver shall keep an accurate and particular account of all\nmoneys received, invested and paid out by him, showing the respective amounts to\nthe credit of each case in the court and designating in the items the judgments,\norders or decrees of court under which the respective sums have been received,\ninvested or paid out. No later than October 1 of each year, he shall make a\nreport to his court showing the balance to the credit of each case in the court\nin which money has been received by him, the manner of each case in the court in\nwhich money has been received by him, the manner in which it is invested, the\namounts received, invested or paid out during the year ending June 30 of the\ncurrent year, the approximate date on which the moneys held for the\nbeneficiaries will become payable, and the whole amount then invested and\nsubject to the future order of the court. A copy of the annual report shall be\nrecorded in the trust fund order book. He shall, at any time when required by\nthe court or the Auditor of Public Accounts so to do, furnish a statement of the\namount subject to the order of the court in any case pending therein and any\nother information required by the court or the Auditor of Public Accounts as to\nany money or other property under his control. He shall annually make formal\nsettlement of his accounts before the court or before the commissioner mentioned\nin \u00a7 8.01-617 which settlement shall be recorded as provided in \u00a7 8.01-619.\n\nHISTORY: Code 1950, \u00a7 8-728; 1977, c. 617; 1988, c. 553; 1989, c. 69.","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}}