Chap. 268.—An ACT to authorize and validate the payment of small bank
balances and small sums due from employers to next of kin of decedent.
S B 158]
Approved March 15, 1922.
1. Be it enacted by the general assembly of Virginia, That when
the balance in any bank or trust company to the credit of a deceased
person, upon whose estate there shall have been no qualification,
shall not exceed three hundred dollars, and when there is due from
any employer to a deceased employee, upon whose estate there has
been no qualification, a sum not exceeding three hundred dollars,
it shall be lawful for such bank or trust company or employer,
after one hundred and twenty days from the death of said person,
to pay said balance to his next of kin, whose receipt therefor shall
be a full discharge and acquittance to such bank or trust company
to all persons whomsoever on account of such deposit.