VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

1995 SESSION

• history | hilite | pdf | print version

LD7654152
SENATE BILL NO. 935 Offered January 23, 1995 A BILL to amend the Code of Virginia by adding a section numbered 64.1-147.1, relating to exercise of power of sale by personal representative. ---------- Patron--Reasor ---------- Referred to the Committee for Courts of Justice ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section 64.1-147.1 numbered as follows:

§ 64.1-147.1. Exercise of power of sale; effect on judgment lien.

A personal representative’s exercise of a power of sale over any interest in real estate, when the power is conferred in a decedent’s will expressly or by reference to § 64.1-57, shall extinguish the lien of any judgment against any devisee as to the interest in real estate conveyed pursuant the power of sale. Nothing in this section shall limit the rights to the proceeds of such sale that any judgment creditor of a devisee may otherwise have.

2. That the provisions of this act are declaratory of existing law.