{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.01-589.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.01-589.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.01-589.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.01-589.html"}],"law_id":80014,"edition_id":1,"section_id":80014,"structure_id":16117,"section_number":"8.01-589","catch_line":"Compensation and fees; when none allowed","history":"Code 1950, \u00a7 8-732; 1977, c. 617; 1979, c. 498; 1988, c. 841; 2014, c. 65.","full_text":"A\n\nA general receiver may retain from moneys received and held pursuant to \u00a7 8.01-582, compensation for his services in such amount as the court deems reasonable, but not exceeding:1\n\nTen dollars at receipt of the originating court order to receive funds, deposit funds, and establish files and accounting records with respect to those funds;2\n\nTen dollars when all funds held for a beneficiary or beneficiaries are disbursed;3\n\nTen dollars per draft or check for periodic and final disbursements;4\n\nFive percent of the interest income earned;5\n\nTen dollars for remitting funds to the State Treasurer and up to ten dollars per draft for remitting those funds; and6\n\nFifty dollars for conducting a hearing to ascertain the identity or location of trust fund beneficiaries pursuant to § 8.01-586 as the court directs and $50 per hour for an appearance in court.B\n\nWhen direct out-of-pocket expenses are necessary to carry out an order of the court, a general receiver may receive reimbursement for such expenses as the court deems reasonable.C\n\nNotwithstanding the foregoing subsections, general receivers shall not deduct fees or otherwise be compensated for services with respect to those funds which should have been reported and then remitted to the State Treasurer in accordance with § 8.01-602 or 55.1-2518.\n\t\t\tA general receiver shall promptly report to the court the execution of the bond or bonds required in § 8.01-588 and make the reports and perform the duties required of him. No compensation shall be allowed him until he has performed the duties aforesaid.\n\t\t\tIf such receiver is the clerk of court and if compensation is allowed, it shall be fee and commission income to the office of such clerk in accordance with § 17.1-287.","order_by":null,"text":{"0":{"id":286580,"text":"A general receiver may retain from moneys received and held pursuant to \u00a7 8.01-582, compensation for his services in such amount as the court deems reasonable, but not exceeding:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":286581,"text":"Ten dollars at receipt of the originating court order to receive funds, deposit funds, and establish files and accounting records with respect to those funds;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":286582,"text":"Ten dollars when all funds held for a beneficiary or beneficiaries are disbursed;","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":286583,"text":"Ten dollars per draft or check for periodic and final disbursements;","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"A4"},"4":{"id":286584,"text":"Five percent of the interest income earned;","type":"section","prefixes":["A","4"],"prefix":"4","entire_prefix":"A4","prefix_anchor":"A4","level":2,"prior_prefix":"A3","next_prefix":"A5"},"5":{"id":286585,"text":"Ten dollars for remitting funds to the State Treasurer and up to ten dollars per draft for remitting those funds; and","type":"section","prefixes":["A","5"],"prefix":"5","entire_prefix":"A5","prefix_anchor":"A5","level":2,"prior_prefix":"A4","next_prefix":"A6"},"6":{"id":286586,"text":"Fifty dollars for conducting a hearing to ascertain the identity or location of trust fund beneficiaries pursuant to § 8.01-586 as the court directs and $50 per hour for an appearance in court.","type":"section","prefixes":["A","6"],"prefix":"6","entire_prefix":"A6","prefix_anchor":"A6","level":2,"prior_prefix":"A5","next_prefix":"B"},"7":{"id":286587,"text":"When direct out-of-pocket expenses are necessary to carry out an order of the court, a general receiver may receive reimbursement for such expenses as the court deems reasonable.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A6","next_prefix":"C"},"8":{"id":286588,"text":"Notwithstanding the foregoing subsections, general receivers shall not deduct fees or otherwise be compensated for services with respect to those funds which should have been reported and then remitted to the State Treasurer in accordance with § 8.01-602 or 55.1-2518.\n\t\t\tA general receiver shall promptly report to the court the execution of the bond or bonds required in § 8.01-588 and make the reports and perform the duties required of him. No compensation shall be allowed him until he has performed the duties aforesaid.\n\t\t\tIf such receiver is the clerk of court and if compensation is allowed, it shall be fee and commission income to the office of such clerk in accordance with § 17.1-287.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.01-589\/","history_text":"

The record of this law\u2019s original creation isn\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 1977, chapter 617; in 1979, chapter 498; in 1988, chapter 841; in 2014, chapter 65<\/a>.<\/p>","references":false,"refers_to":[{"id":79643,"section_number":"17.1-287","catch_line":"Salaries of clerks of circuit courts","order_by":null,"url":"\/17.1-287\/"},{"id":54779,"section_number":"55.1-2518","catch_line":"Property held by courts","order_by":null,"url":"\/55.1-2518\/"},{"id":63701,"section_number":"8.01-582","catch_line":"Appointment of general receivers; their duties; audit of funds","order_by":null,"url":"\/8.01-582\/"},{"id":75298,"section_number":"8.01-586","catch_line":"Inquiry as to unknown owners of funds","order_by":null,"url":"\/8.01-586\/"},{"id":72633,"section_number":"8.01-588","catch_line":"Bonds generally","order_by":null,"url":"\/8.01-588\/"},{"id":73701,"section_number":"8.01-602","catch_line":"Proceedings when owner of money under control of court unknown","order_by":null,"url":"\/8.01-602\/"}],"permalink":{"id":279087,"object_type":"law","relational_id":80014,"identifier":"8.01-589","token":"8.01\/22\/1\/8.01-589","url":"\/8.01-589\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.01-589\/","token":"8.01\/22\/1\/8.01-589","dublin_core":{"Title":"Compensation and fees; when none allowed","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.01-589","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A general receiver may retain from moneys received and held pursuant to \u00a7 8.01-582<\/a>, compensation for his services in such amount as the court<\/span> deems reasonable, but not exceeding: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Ten dollars at receipt of the originating court order<\/span> to receive funds, deposit funds, and establish files and accounting records with respect to those funds; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Ten dollars when all funds held for a beneficiary or beneficiaries are disbursed; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Ten dollars per draft or check for periodic and final disbursements; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Five percent of the interest income earned; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Ten dollars for remitting funds to the State Treasurer and up to ten dollars per draft for remitting those funds; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Fifty dollars for conducting a hearing<\/span> to ascertain the identity or location of trust fund beneficiaries pursuant to § 8.01-586<\/a> as the court directs and $50 per hour for an appearance<\/span> in court. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> When direct out-of-pocket expenses are necessary to carry out an order of the court, a general receiver may receive reimbursement for such expenses as the court deems reasonable. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Notwithstanding the foregoing subsections, general receivers shall not deduct fees or otherwise be compensated for services with respect to those funds which should have been reported and then remitted to the State Treasurer in accordance with § 8.01-602<\/a> or 55.1-2518<\/a>.\n\t\t\tA general receiver shall promptly report to the court the execution of the bond<\/span> or bonds<\/span> required in § 8.01-588<\/a> and make the reports and perform the duties required of him. No compensation shall be allowed him until he has performed the duties aforesaid.\n\t\t\tIf such receiver is the clerk of court<\/span> and if compensation is allowed, it shall be fee and commission income to the office of such clerk in accordance with § 17.1-287<\/a>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOMPENSATION AND FEES; WHEN NONE ALLOWED (\u00a7 8.01-589)\n\nA. A general receiver may retain from moneys received and held pursuant to \u00a7\n8.01-582, compensation for his services in such amount as the court deems\nreasonable, but not exceeding:\n\n 1. Ten dollars at receipt of the originating court order to receive funds,\n deposit funds, and establish files and accounting records with respect to\n those funds;\n\n 2. Ten dollars when all funds held for a beneficiary or beneficiaries are\n disbursed;\n\n 3. Ten dollars per draft or check for periodic and final disbursements;\n\n 4. Five percent of the interest income earned;\n\n 5. Ten dollars for remitting funds to the State Treasurer and up to ten\n dollars per draft for remitting those funds; and\n\n 6. Fifty dollars for conducting a hearing to ascertain the identity or\n location of trust fund beneficiaries pursuant to § 8.01-586 as the court\n directs and $50 per hour for an appearance in court.\n\nB. When direct out-of-pocket expenses are necessary to carry out an order of the\ncourt, a general receiver may receive reimbursement for such expenses as the\ncourt deems reasonable.\n\nC. Notwithstanding the foregoing subsections, general receivers shall not deduct\nfees or otherwise be compensated for services with respect to those funds which\nshould have been reported and then remitted to the State Treasurer in accordance\nwith § 8.01-602 or 55.1-2518.\n\t\t\tA general receiver shall promptly report to the court the execution of the\nbond or bonds required in § 8.01-588 and make the reports and perform the\nduties required of him. No compensation shall be allowed him until he has\nperformed the duties aforesaid.\n\t\t\tIf such receiver is the clerk of court and if compensation is allowed, it\nshall be fee and commission income to the office of such clerk in accordance\nwith § 17.1-287.\n\nHISTORY: Code 1950, \u00a7 8-732; 1977, c. 617; 1979, c. 498; 1988, c. 841; 2014, c.\n65.","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}}