Sunday, September 7, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
HB488: Escheat land; notice of sale.
Be it enacted by the General Assembly of Virginia:
1. That § 55-184.1 of the Code of Virginia is amended and reenacted as follows:
§ 55-184.1. Order of sale by Governor.
Not less than six months after the publication of the escheator's certificate, the State Treasurer shall lay before the Governor the escheator's certificate, and proof of publication, and, if claim has not been made as aforesaid, or, if made, has been decided in favor of the Commonwealth, the Governor shall order the escheated land to be sold upon such terms, at such time, and at such place within the county or city wherein the lands lie, or if the lands lie within a city that is located wholly within a county, then the sale may take place in the city, or a contiguous city or county as he may think proper. The order of sale shall be delivered to the State Treasurer, to be transmitted to the escheator, who shall proceed to sell according to such order.
Prior to the sale, the escheator shall notify, by certified mail, every landowner who has property that is adjacent to the escheated land to be sold of the escheat land sale.
Additional Data
Explanation
This is the actual text of the bill — the legislation itself. Generally this is amending existing law, proposing the addition or removal of words from laws that are already on the books.
Words that are highlighted in yellow are
proposed additions, and words that are crossed out in
red are proposed removals.
The numbers with the § symbol before them are references to existing laws, and if you click on them they’ll take you to that part of the law on the state's website.