Virginia § 55.1-2506 - Contents of safe deposit box or other safekeeping repository
Full text of Virginia Code of Virginia § 55.1-2506 — Contents of safe deposit box or other safekeeping repository, with citation guidance and answers to common questions.
§ 55.1-2506. Contents of safe deposit box or other safekeeping repository
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.
1985, c. 294, § 55-210.3:3; 2019, c. 712.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 55.1-2506
What does Code of Virginia § 55.1-2506 cover?
Section 55.1-2506 ("Contents of safe deposit box or other safekeeping repository") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 55.1-2506?
A common citation format is "Code of Virginia § 55.1-2506" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 55.1-2506 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.