2019 US Virgin Islands Code
Title 28 - Property
Chapter 21 - Actions for Partition of Real Property
§ 490. Investment of proceeds of sale
Universal Citation: V.I. Code tit. 28, § 490 (2019)
When there are proceeds of sale belonging to an unknown owner, or to a person without the Virgin Islands who has no legal representatives within it, or when there are proceeds arising from the sale of an estate subject to the prior estate of a tenant for life or years, which are paid into the court or otherwise deposited by order of the court, the same may be invested under such order in securities on interest for the benefit of the persons entitled thereto.
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