CHAPTER 329

An Act to amend the Code of Virginia by adding a section numbered
64-121.1 authorizing the transfer of certain evidences of indebtedness
and stock of corporations held in decedents’ estates; and to validate
certain transfers.

[S 108]

Approved March 29, 1952

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia be amended by adding a section numbered
64-121.1 as follows:

§ 64-121.1. When any executors or administrators appointed under
this Title shall have qualified thereunder and given bond as required in
§ 64-116, shall have completed the distribution of the estate with the ex-
ception of transferring any evidences of indebtedness, securities or stock
in any corporation constituting a portion.of such estate, such executors or
administrators or the survivors thereof may file with the clerk of the
court, in which such executors or administrators qualified, a petition under
oath, describing any such evidences of indebtedness, securities and stock,
reciting that all debts of the decedent have been paid and that a final
accounting has been filed and approved, and, upon receipt of such petition,
the clerk of the said court shall issue a certificate certifying that the powers
of such executors or administrators continue in full force and effect.