Chap. 140.—An ACT to amend and re-enact Section 5323 of the Code of Virginia,
in relation to interest to be paid by guardians. [H B 192]
Approved March 14, 1938
1. Be it enacted by the General Assembly of Virginia, That sec-
tion fifty-three hundred and twenty-three of the Code of Virginia be
amended and re-enacted so as to read as follows:
Section 5323. : If any .balance, whether of profits received or ‘esti=
mated, or of interest or principal, be due by any guardian, or.other per-
son acting as guardian, at the end of any year, which ought to be in-
vested or loaned out within a reasonable time for the benefit of the
ward, and the same remain in the hands of such guardian or other per-
son, he shall be charged with interest thereon from the end of the year
in which such balance arose, and so on toties quoties during the con-
tinuance of the trust. However, the provisions of this section. shall
be subject to the provisions of section fifty-three hundred and twenty-
five of the Code of Virginia.
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