Chap. 360.—An ACT relating to the payment of money and delivery of intangible
personal property belonging to non-resident decedents. [H B 287]

Approved April 1, 1942

1. Be it enacted by the General Assembly of Virginia, That when
any person, at the time of his death domiciled outside of this State, shall
own stocks, bonds, or other securities, or money located in this State, or
shall be entitled to any debts or choses in action in this State, such stocks,
bonds, other securities, money, debts and other choses in action may, after
ninety days from the death of such decedent, be paid over and/or deliv-
ered to an executor or an administrator ar other nersonal renrecentative.
“HS. 360, 361, 362] ACTS OF ASSEMBLY 539

{uly qualified, according to the laws of the decendent’s domicile, when
the value of such stocks, bonds, other securities, money, debts and other
hoses in action is less than one thousand dollars; when the value of such
stocks, bonds, other securities, money, debts and other choses in action
is one thousand dollars or more, such payment and/or delivery of such
stocks, bonds, other securities, money, debts and other choses in action
may be made after the transferor shall have given public notice of his in-
tention to make such transfer, by publication thereof once a week for four
successive weeks in a newspaper of general circulation in the city, town
or county wherein the transferor resides or has its principal place of busi-
ness, and after the lapse of thirty days from the completion of such publi-
cation, and provided in either case, that at the time of such payment and/
or delivery, the transferor has no knowledge of the appointment, within
this State, of a personal representative for said decedent.

This act shall be construed as providing, as to the payment of money
and the delivery of personal property belonging to non-resident decedents
or their estates, optional methods of procedure in addition to those
otherwise permitted or provided by law, and such act shall not as to such
matters add any limitations or restrictions to existing law.