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2002 SESSION
021569946Be it enacted by the General Assembly of Virginia:
1. That § 65.2-525 of the Code of Virginia is amended and reenacted as follows:
§ 65.2-525. Who may receive payment and receipt therefor.
A. Whenever payment of compensation is made to a surviving spouse for his use,
or for his use and the use of a minor child or children, and such payments are
made in the form of periodic weekly, monthly or quarterly payments, the written
receipt thereof of such surviving spouse shall acquit the employer. The
Commission, however, may require annual written certifications from the
surviving spouse confirming that the portion of such payments for the benefit
of the minor child has been used for the benefit of such minor child.
B. Whenever payment is made to any person eighteen years of age or over, the
written receipt of such person shall acquit the employer. If a minor shall be
entitled to receive a sum amounting to not more than $10,000 in the aggregate
lump sum payment pursuant to § 65.2-522 amounting to not more than $15,000
as compensation for injuries, or as a distributive share by virtue of this
title, the parent or natural guardian upon whom such minor shall be dependent for
support shall be authorized and empowered to receive and give receipt for such
moneys to the same extent as a guardian of the person and property of such
minor duly appointed by proper court, and the release or discharge of such
parent or natural guardian shall be a full and complete discharge of all claims
or demands of such minor thereunder.
C. Whenever any lump sum payment of over $10,000 in the aggregate pursuant to §
65.2-522 greater than $15,000 is due to a minor or to an incapacitated person
as defined in § 37.1-134.6, the same shall be made to the guardian of the
property of such minor or the conservator of such incapacitated adult or, if there
is none, to some suitable person or corporation appointed by the circuit court as a
trustee, and the receipt of such trustee shall acquit the employer.
2. That the provisions of this act shall apply to payments received by a surviving spouse for the use of a minor child on and after the effective date of this act.