                                 CODE OF VIRGINIA

FORFEITURE OF FIDUCIARY&#8217;S COMMISSION (§ 64.2-1217)

If a fiduciary wholly fails to file an account before the commissioner of
accounts containing a statement of all matters required in § 64.2-1206,
together with all other statements and items therein required for any year,
within four months after the year&#8217;s expiration or, though the fiduciary
files an account before the commissioner of accounts, if the commissioner of
accounts finds the fiduciary is chargeable for that year with any money or other
property not included in the statement, the fiduciary shall receive no
compensation for his services during such year or any commission on such money
or other property unless allowed by the commissioner of accounts for good cause
shown. The circuit court shall review the commissioner of accounts&#8217; action
in such case upon the filing of timely exceptions by any interested person. This
section shall not apply to a fiduciary who has filed a statement of his accounts
within such year before a commissioner in chancery who in a pending suit has
been ordered to settle his account.

HISTORY: Code 1919, § 5409; 1946, p. 326; Code 1950, § 26-19; 1999, c. 378;
2012, c. 614.