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2008 SESSION

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088125732
HOUSE BILL NO. 488 Offered January 9, 2008 Prefiled January 7, 2008 A BILL to amend and reenact § 55-184.1 of the Code of Virginia, relating to notice of an escheat land sale. ---------- Patron-- Shuler ---------- Referred to Committee for Courts of Justice ----------

Be it enacted by the General Assembly of Virginia:

1.  That § 55-184.1 of the Code of Virginia is amended and reenacted as follows:

§ 55-184.1. Order of sale by Governor.

Not less than six months after the publication of the escheator's certificate, the State Treasurer shall lay before the Governor the escheator's certificate, and proof of publication, and, if claim has not been made as aforesaid, or, if made, has been decided in favor of the Commonwealth, the Governor shall order the escheated land to be sold upon such terms, at such time, and at such place within the county or city wherein the lands lie, or if the lands lie within a city that is located wholly within a county, then the sale may take place in the city, or a contiguous city or county as he may think proper. The order of sale shall be delivered to the State Treasurer, to be transmitted to the escheator, who shall proceed to sell according to such order.

Prior to the sale, the escheator shall notify, by certified mail, every landowner who has property that is adjacent to the escheated land to be sold of the escheat land sale.