CODE OF VIRGINIA

SALE, COLLECTION AND DISPOSITION OF DEBTOR’S ESTATE BY OFFICER (§
8.01-510)

Real estate, conveyed to an officer under this chapter, shall, unless the court
otherwise direct, be sold as other property levied on is required to be sold
under § 8.01-492 and be conveyed to the purchaser by the officer. An officer to
whom there is delivery under this chapter, when the delivery is of money, bank
notes, or any goods or chattels, shall dispose of the same as if levied on by
him under a fieri facias; and when the delivery is of evidences of debts, other
than such bank notes, may receive payment of such debts within sixty days after
such delivery. Any evidence of debt or other security, remaining in his hands at
the end of such sixty days, shall be returned by him to the clerk’s office
of such court, and collection thereof may be enforced as prescribed by §
8.01-497. For a failure to make such return, he may be proceeded against as if
an express order of the court for such return had been disobeyed.

HISTORY: Code 1950, § 8-440; 1977, c. 617.