                                 CODE OF VIRGINIA

DECLARATION OF TRUST IN CONSIDERATION OTHER THAN MONEY (§ 54.1-2824)

Within thirty days following the receipt of any personal property other than
money delivered pursuant to any preneed funeral contract, the person receiving
it, if title thereto is transferred, or the person making such delivery, if
title thereto is not transferred, shall execute in writing a declaration of
trust setting forth all the terms, conditions and considerations upon which the
personal property is delivered, which shall be acknowledged in the same manner
as the contract and recorded in the clerk&#8217;s office of the circuit court of
the city or county in which the person delivering the personal property resides;
provided, that if such terms, conditions and considerations are contained in the
preneed funeral contract, the contract shall be recorded.

HISTORY: 1989, c. 684.