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 55-210.9. When intangible property held for owner by public agency presumed abandoned |
All intangible property held for the owner by any government or governmental subdivision or agency, public corporation, or public authority that has remained unclaimed by the owner for more than one year after it became payable is presumed abandoned. 1960, c. 330; 1980, c. 293; 1982, c. 331; 1983, c. 190; 2000, cc. 733 , 733 . |