CODE OF VIRGINIA

EFFECT OF DIVORCE (§ 6.2-607)

Upon the entry of a decree of divorce, either a mensa et thoro or a vinculo
matrimonii, all rights of either consort in any multiple-party account then
existing between them, including the right of survivorship, shall be
extinguished; and any joint account then existing between the consorts shall
thereupon be converted into a tenancy in common, in the proportions provided in
subsection A of § 6.2-606, unless otherwise ordered by the court.

HISTORY: 1979, c. 407, § 6.1-125.4; 2010, c. 794.