CHAPTER 125

AN ACT to authorize the Board of Visitors of the Medical College
of Virginia to establish a special fund, in hospitals under its
control, to be created out of the private funds which have been
left on deposit in such hospitals by discharged patients; and
to provide for the use and inrestment of such funds, under
certain conditions, for the benefit of the said hospitals or the
patients therein.
[S 59 ]

Approved March 9, 1950

Be it enacted by the General Assembly of Virginia:

§ 1. The Board of Visitors of the Medical College of Virginia
ig authorized and empowered to provide for the deposit with the
treasurer or other proper officer of any hospital under its super-
vision, Management or control, of any money which has been left
on deposit in such hospital by discharged patients, after, in the
exercise of reasonable diligence, the person or persons have been
unable to be found, and after the lapse of three years from the date
of the departure of such person or persons. All funds so received
shall be deposited to the credit of the Hospital Division of the
Medical College of Viriginia in a bank or banks, designated by the
Board of Visitors, and shall be disbursed by the said officer, as
directed by the Board, for the benefit of hospitals under its control
or for the benefit of the patients of such hospitals. However, the
Board of Visitors shall have the authority to invest so much of the
special fund as it may deem proper, in United States Government
bonds or in other securities authorized by law for the investment
of fiduciary funds, and the interest from such investments may be
expended in the same manner as set forth above.

Every action to recover money which has been left on deposit
in such hospitals by discharged patients shall be brought within
three years from the date of the patient’s discharge.