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2016 SESSION

• | print version

SB 509 Interpleader; earnest money deposits.

Introduced by: Glen H. Sturtevant, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Interpleader; earnest money deposits. Allows the general district court, in an interpleader case involving an earnest money deposit held in escrow by a real estate broker, to escheat the funds to the Commonwealth to be credited to the Virginia Housing Trust Fund upon default of one or more of the stakeholders.

FULL TEXT

• 01/12/16  Senate: Prefiled and ordered printed; offered 01/13/16 16102433D  pdf | impact statement

HISTORY

• 01/12/16  Senate: Prefiled and ordered printed; offered 01/13/16 16102433D
• 01/12/16  Senate: Referred to Committee for Courts of Justice
• 02/10/16  Senate: Continued to 2017 in Courts of Justice (14-Y 0-N)