                                 CODE OF VIRGINIA

ESCHEATOR&#8217;S PAY (§ 55.1-2430)

Except as otherwise provided in this section, the escheator shall be entitled to
a commission of 10 percent on all proceeds of sales made by him of escheated
lands that are paid to him or into the state treasury. Where an escheator is
replaced by the appointment and qualification of a successor and where such
escheator held an inquest provided for in § 55.1-2405 but the sale provided for
in § 55.1-2419 has not been held, the 10 percent commission on the proceeds of
the sales of the escheated lands so advertised shall be divided equally between
such escheator and his successor. For each parcel that escheats, the escheator
shall be paid $10 out of any money in the state treasury belonging to the
Literary Fund.

HISTORY: Code 1919, § 513; Code 1950, § 55-192; 1977, c. 583; 1981, c. 514;
1984, c. 315; 2019, c. 712.