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1998 SESSION
Be 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, the written receipt thereof of such surviving spouse shall acquit the employer.
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 $300
$10,000 in the aggregate 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 payment of over $300 $10,000 in the
aggregate 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.