Code of Virginia (Last Updated:July 28, 2020) |
TITLE 55. Property and Conveyances |
CHAPTER 11.1. Disposition of Unclaimed Property |
ARTICLE 2. Property Abandoned or Assumed Abandoned |
SECTION 55-210.10.2. Holder of tangible or intangible personal property may voluntarily report same |
Any holder of tangible or intangible personal property, the owner of which is unlocatable, may voluntarily report the property to the State Treasurer, prior to the statutory due dates, whereupon the property shall be presumed abandoned under this chapter. 1981, c. 47; 1983, c. 190. |