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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>56945</law_id><section_number>55.1-2513</section_number><catch_line>Property of business associations held in course of dissolution</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-750</reference><reference>13.1-912</reference><reference>55.1-2522</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="55.1">Property and Conveyances</unit><unit label="subtitle" level="2" order_by="1" identifier="V">Miscellaneous</unit><unit label="chapter" level="3" order_by="1" identifier="25">Virginia Disposition Of Unclaimed Property Act</unit><unit label="article" level="4" order_by="1" identifier="1">Definitions; Property Abandoned or Assumed Abandoned</unit></structure><text>
						<section><p>All <span class="dictionary">intangible property</span> distributable in the course of a voluntary or involuntary dissolution of a <span class="dictionary">business association</span> that remains unclaimed by the <span class="dictionary">owner</span> for more than one year after the date for specified final distribution is presumed abandoned.</p></section></text><history>1960, c. 330, &#xA7; 55-210.7; 1981, c. 47; 1983, c. 190; 2019, c. 712.</history><metadata></metadata></law>
