Virginia Statutes
§ 55.1-2506 — Contents of safe deposit box or other safekeeping repository
Virginia § 55.1-2506
JurisdictionVirginia
Title 55.1Property and Conveyances
Subtitle VMiscellaneous
Ch. 25Virginia Disposition Of Unclaimed Property Act
Art. 1Definitions; Property Abandoned or Assumed Abandoned
This text of Virginia § 55.1-2506 (Contents of safe deposit box or other safekeeping repository) 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. § 55.1-2506 (2026).
Text
All tangible and intangible property held in a safe deposit box or any other safekeeping repository in the Commonwealth in the ordinary course of the holder's business and all proceeds resulting from the lawful sale of this property shall be presumed abandoned if unclaimed by the owner for more than five years after the lease or rental period on the box or other repository has expired.
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Legislative History
1985, c. 294, § 55-210.3:3; 2019, c. 712.
Nearby Sections
15
§ 55.1-1000
Definitions§ 55.1-1001
Limitation on applicability of chapter§ 55.1-1003
Persons who may act as a settlement agent§ 55.1-1004
Duties of settlement agents§ 55.1-1006
Choice of settlement agent§ 55.1-1007
Disclosure§ 55.1-1008
Conditions for providing escrow, closing, or settlement services and for maintaining escrow accounts§ 55.1-1009
Falsifying settlement statements prohibited§ 55.1-1009.1
Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments§ 55.1-1011
Record retention requirementsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 55.1-2506, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/55.1/55.1-2506.