An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Law Body
Chap. 382.—An ACT to amend and re-enact section 4455 of the Code of Vir-
ginia, in relation to the fraudulent conversion or removal of property subject
to a lten or the title to which is in another. [H B 335]
Approved March 24, 1926.
1. Beit enacted by the general assembly of Virginia, That section
forty-four hundred and fifty-five of the Code of Virginia be amended
and re-enacted so as to read as follows:
Section 4455. In relation to the fraudulent conversion or re-
moval of property subject to a lien or the title to which is in another.—
Whenever any person is in possession of any personal property, in-
cluding motor vehicles, in any capacity, the title or ownership of
which he has agreed in writing shall be or remain in another, or on
which he has given a lien, and such person so in possession shall
fraudulently sell, pledge, pawn, or remove from the premises where
it has been agreed that the property shall remain, and refuse to dis-
close the location thereof, or otherwise dispose of the property or
fraudulently remove the same from the State, without the written
consent of the owner or lienor or the person in whom the title is, or
if such writing be a deed of trust, without the written consent of the
trustee or beneficiary in such deed of trust, he shall be deemed guilty
of the larceny thereof; and in any prosecution hereunder, the fact
that such person after demand therefor by the lienholder or person
in whom the title or ownership of the property is, or his agent, shall
fail or refuse to disclose to such claimant or his agent, the location of
the property, or to surrender the same, shall be prima facie evidence
of the violation of the provisions of this section. The venue of prose-
cutions against persons fraudulently removing any such property,
including motor vehicles, from the State shall be the county or city
in which such property or motor vehicle was purchased or in which
the accused last had a legal residence. |
This section shall not be construed to interfere with the rights of
any innocent third party purchasing said property, unless such writing
shall be docketed or recorded as provided by law.