There is a newer version
of
this Section
2019 Code of Virginia
Title 55.1 - Property and Conveyances
Chapter 24 - Escheats
§ 55.1-2403. (Effective October 1, 2019) Increase or reduction of penalty of escheator's bond; effect
Universal Citation: VA Code § 55.1-2403 (2019)
The court may, at any time, with reasonable notice to the escheator, increase or reduce the penalty of the bond, provided that in no case shall such penalty be reduced to less than $1,000. Upon bond being given under an order increasing or reducing the penalty of a former bond, the sureties in such former bond and their estates shall be discharged from all liability for any breach of official duty committed by such escheator after that time.
Code 1919, § 491; Code 1950, § 55-170; 2019, c. 712.
Disclaimer: These codes may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
