                                 CODE OF VIRGINIA

PROPERTY HELD OR PAYABLE PURSUANT TO TITLE 51.1 (§ 55.1-2544)

This chapter shall not apply to any defined benefit plan funds or other
property, tangible or intangible, held or payable pursuant to Title 51.1. Any
funds or other property, tangible or intangible, held or payable in a defined
contribution plan, deferred compensation plan, or cash match plan pursuant to
Title 51.1 that have remained unclaimed for more than five years after such
funds or other property became payable shall be presumed abandoned.
Additionally, any funds or other property, tangible or intangible, held or
payable to a member of the Volunteer Firefighters&#8217; and Rescue Squad
Workers&#8217; Service Award Fund pursuant to Chapter 12 (§ 51.1-1200 et seq.)
of Title 51.1 that have remained unclaimed for more than five years after the
forfeiture of such member&#8217;s membership in the Volunteer
Firefighters&#8217; and Rescue Squad Workers&#8217; Service Award Fund in
accordance with § 51.1-1209 or the dissolution of a volunteer emergency medical
services agency or volunteer fire department shall be presumed abandoned.

HISTORY: 1983, c. 308, § 55-210.28:1; 2019, c. 712; 2024, cc. 267, 353; 2025,
c. 440.