2006 Code of Virginia § 2.2-1826 - Issuance of replacement warrants generally

2.2-1826. Issuance of replacement warrants generally.

Upon satisfactory proof presented to the Comptroller or to the StateTreasurer that any warrant drawn by either the Comptroller or the StateTreasurer, or by a predecessor, upon the state treasury has been lost ordestroyed before having been paid, the Comptroller or State Treasurer whoissued, or from whose office was issued, the original warrant shall issue areplacement of the original warrant. The Comptroller or the State Treasurermay require a bond to be executed, with such security as is approved by him,payable to the Commonwealth, in the amount of the warrant and conditioned tosave harmless the Commonwealth from any loss occasioned by issuing thereplacement warrant. Every replacement warrant shall show upon its face thatit is a replacement.

In the discretion of the State Treasurer, state warrants in payment andredemption of previously lost or otherwise unpaid warrants may be issueddirectly to the person entitled to the money as the owner, heir, legatee, oras fiduciary of the estate of the deceased owner, heir, or legatee, and insuch cases shall not be issued to a named attorney-in-fact, agent, assignee,or any other person regardless of a written instruction to the contrary. Insuch circumstances, the State Treasurer may refuse to recognize and is notbound by any terms of a power of attorney or assignment that may be presentedas having been executed by a person as the purported owner, heir, legatee orfiduciary of the estate of a deceased owner of such warrants.

(Code 1950, 2-207; 1966, c. 677, 2.1-232; 1982, c. 409; 1993, c. 155;2001, c. 844.)

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