Chapter 24 Escheats

This chapter is comprised of the following sections:
  • §55.1-2400 Definition
  • §55.1-2401 Appointment of escheators
  • §55.1-2402 Bond of escheator
  • §55.1-2403 Increase or reduction of penalty of escheator’s bond; effect
  • §55.1-2404 Annual report to escheator; lands not liable
  • §55.1-2405 Escheator to hold inquest; notice of inquest
  • §55.1-2406 Jury of inquest; presentation of evidence
  • §55.1-2407 Attendance of jurors; compensation
  • §55.1-2408 How verdict signed; where returned and recorded
  • §55.1-2409 Proceedings to claim land escheated
  • §55.1-2410 Trial by jury; judgment of court
  • §55.1-2411 Facts or evidence to be certified
  • §55.1-2412 Lands may be committed to claimant while claim pending
  • §55.1-2413 Disposition of lands while claim is pending, if not committed to claimant
  • §55.1-2414 Escheator to notify State Treasurer of claim and decision
  • §55.1-2415 Escheators to certify lands escheated
  • §55.1-2416 Removal of parcels from the certificate
  • §55.1-2417 Escheat of property with hazardous materials
  • §55.1-2418 Publication of escheator’s certificate
  • §55.1-2419 Order of sale by Governor
  • §55.1-2420 Form of sale agreement; notice of right to refund
  • §55.1-2421 When grant to issue to purchaser; reimbursable expenses
  • §55.1-2422 Form of grant of escheated property
  • §55.1-2423 Governor to sign and seal grant; Librarian of Virginia to record it; delivery to and by State Treasurer
  • §55.1-2424 Recordation of certified copy of grant
  • §55.1-2425 Resale in case of default
  • §55.1-2426 Reports by escheators to State Treasurer
  • §55.1-2427 Reports by State Treasurer to the Governor; penalty on escheators for failure of duty
  • §55.1-2428 State Treasurer may examine records of any escheator, commissioner of the revenue, or treasurer
  • §55.1-2429 When State Treasurer to issue grant to purchaser
  • §55.1-2430 Escheator’s pay
  • §55.1-2431 Escheat of estates in trust and equitable titles
  • §55.1-2432 Provision in favor of tenant of escheated land
  • §55.1-2433 In favor of creditor of decedent
  • §55.1-2434 Escheators to defend on behalf of Commonwealth
  • §55.1-2435 Recovery by escheator of decedent’s escheated residue and of property abandoned or derelict; fee
  • §55.1-2436 Publication of action; what to state and require
  • §55.1-2437 Order of the court
  • §55.1-2438 How money paid into state treasury from escheats may be recovered
  • §55.1-2439 Regulations of the State Treasurer
  • §55.1-2440 Continuation of certain statutes
  • §55.1-2441 Pendency of escheat proceedings no bar to condemnation proceedings