Procedural and Administrative Matters

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This is Article 3 of the Code of Virginia, titled “Procedural and Administrative Matters.” It is part of Chapter 25 “Virginia Disposition Of Unclaimed Property Act”, which is part of Subtitle V “Miscellaneous”, which is part of Title 55.1 “Property and Conveyances”.

It’s comprised of the following 22 sections.

§ 55.1-2524	Report and remittance to be made by holder of funds or property presumed abandoned; holder to exercise due diligence to locate owner
§ 55.1-2525	Notices to be published by administrator
§ 55.1-2526	Holder relieved of liability for property paid or delivered to administrator; payment to owner by holder; proceedings against prior holder; notice to administrator and Attorney General; reimbursement of holder
§ 55.1-2527	Crediting of dividends, interest, or increments to owner's account
§ 55.1-2528	Periods of limitation
§ 55.1-2529	Sale of abandoned property by administrator
§ 55.1-2530	Securities received in name of owner
§ 55.1-2531	Disposition of funds received under chapter; records to be kept by administrator
§ 55.1-2532	Filing claim to property or proceeds of sale of such property
§ 55.1-2533	Consideration of and hearing on claim by administrator; payment; interest
§ 55.1-2534	Judicial review of decision of administrator
§ 55.1-2535	Election of administrator not to receive property or to postpone taking possession of funds
§ 55.1-2536	Requests for verified reports and examinations of records
§ 55.1-2537	Retention of records
§ 55.1-2538	Confidentiality of information and records
§ 55.1-2539	Enforcement of chapter
§ 55.1-2540	Interest and penalties
§ 55.1-2541	Determinations; appeal procedures; regulations of administrator
§ 55.1-2542	Agreements to locate reported property; penalty
§ 55.1-2543	Property presumed abandoned or escheated under laws of another state
§ 55.1-2544	Property held or payable pursuant to Title 51.1
§ 55.1-2545	Construction of chapter