Virginia § 64.2-602 - Payment or delivery of small asset valued at $35,000 or less without affidavit
Full text of Virginia Code of Virginia § 64.2-602 — Payment or delivery of small asset valued at $35,000 or less without affidavit, with citation guidance and answers to common questions.
§ 64.2-602. Payment or delivery of small asset valued at $35,000 or less without affidavit
A. Notwithstanding the provisions of § 64.2-601, any person having possession of a small asset valued at $35,000 or less may pay or deliver the small asset to any successor provided that:
1. At least 60 days have elapsed since the decedent's death; and
2. No application for the appointment of a personal representative is pending or has been granted in any jurisdiction.
B. The designated successor shall have a fiduciary duty to safeguard and promptly pay or deliver the small asset as required by the laws of the Commonwealth to the other successors, if any.
1981, c. 281, § 64.1-132.3; 2010, c. 269; 2012, c. 614; 2014, c. 532; 2025, c. 148.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 64.2-602
What does Code of Virginia § 64.2-602 cover?
Section 64.2-602 ("Payment or delivery of small asset valued at $35,000 or less without affidavit") 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 § 64.2-602?
A common citation format is "Code of Virginia § 64.2-602" (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 § 64.2-602 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.