Code of Virginia § 64.2-1425. How securities transferred to successor.
116 words·~1 min read·
/va/title-64-2/chapter-14/64-2-1425A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When any securities for money loaned or invested shall be standing in the name of any fiduciary who has died or resigned or whose power has been revoked, and the fiduciary or his personal representative has not transferred the securities to his successor, the circuit court in which the fiduciary qualified, upon the petition of the successor or of any other interested person, may direct that the securities be transferred to the successor, a receiver of the court, or otherwise, and may direct that the dividends, interest, or proceeds of the securities be received or paid in such manner as the court deems proper.
Code 1919, § 5432; Code 1950, § 26-56; 2012, c. 614 .