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.

1998 SESSION

• history | hilite | pdf | print version

CHAPTER 215 An Act to amend and reenact § 55-169 of the Code of Virginia, relating to the bonding requirements for local escheators. [H 835] Approved April 2, 1998

Be it enacted by the General Assembly of Virginia:

1. That § 55-169 of the Code of Virginia is amended and reenacted as follows:

§ 55-169. Their bond; their removal.

Each escheator shall give bond before the circuit court of the county or the city for the judicial circuit for which he is appointed in the circuit court for the locality in which he resides, in the penalty of $3,000, and may continue in office until removed or until a successor is duly appointed and qualified. If property in another locality within the appointed judicial circuit escheats to the Commonwealth at the inquest hearing, the escheator shall give bond within that locality as determined by the clerk of the circuit court in the locality and in a penalty of a percentage of the assessed value of the property according to the records of the commissioner of the revenue. The bond must be obtained within ten days following the inquest hearing.