Virginia § 15.2-5134 Disposition of unclaimed funds due on matured bonds or coupons

Virginia Statutes

§ 15.2-5134 — Disposition of unclaimed funds due on matured bonds or coupons

Virginia § 15.2-5134

JurisdictionVirginia

Title 15.2COUNTIES, CITIES AND TOWNS

Subtitle IVOTHER GOVERNMENTAL ENTITIES

Ch. 51VIRGINIA WATER AND WASTE AUTHORITIES ACT

Art. 4FINANCING

This text of Virginia § 15.2-5134 (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. § 15.2-5134 (2026).

Text

Any authority 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 authority. Thereafter, the owners of the matured bonds may look only to the authority for payment. The authority shall maintain a record of the bonds for which the funds were held.

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Any authority 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 authority. Thereafter, the owners of the matured bonds may look only to the authority for payment. The authority shall maintain a record of the bonds for which the funds were held.