Virginia Statutes
§ 15.2-2603 — Disposition of unclaimed funds due on matured bonds or coupons
Virginia § 15.2-2603
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IIPOWERS OF LOCAL GOVERNMENT
Ch. 26PUBLIC FINANCE ACT
Art. 1General Provisions
This text of Virginia § 15.2-2603 (Disposition of unclaimed funds due on matured bonds or coupons) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 15.2-2603 (2026).
Text
Any locality having bonds outstanding on which principal, premium or interest has matured for a period of more than five years may pay any money being held to pay the matured principal, premium or interest into the general fund of the locality. The locality shall maintain a record of the bonds for which the funds were held. Thereafter the owners of the matured bonds may look only to the locality for payment.
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Legislative History
Code 1950, § 15-666.17; 1958, c. 640; 1962, c. 623, § 15.1-174; 1991, c. 668, § 15.1-227.6; 1997, c. 587.
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Advertisement of legal notices on web sites§ 15.2-108
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Bluebook (online)
Virginia § 15.2-2603, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-2603.