CHAPTER 73

An Act to amend and reenact § 26-17 of the Code of Virginia, relating to
annual settlement of fiduciaries’ accounts.
Be it enacted by the General Assembly of Virginia:

1. That § 26-17 of the Code of Virginia be amended and reenacted as
follows:

§ 26-17. A statement of all money and other property which any
personal representative, guardian, curator, * committee, * testamentary
trustee, trustee under § 37-141 and receiver under § 55-44, has received, or
become chargeable with, or has disbursed, within one year from the date of
the order conferring his authority, or from the date of the trust or within
any succeeding year, together with the vouchers for the disbursements, and
a statement of cash on hand or in bank and all investments held at the
terminal date of the account, shall, within four months after the end of
every such year, be exhibited by him before the commissioner of accounts
of the court wherein the order conferring his authority was made, or of
the court wherein the instrument creating the trust was first recorded;
and the commissioner shall state, settle and report to the court an account
of the transactions of such fiduciary, as provided by law. Every such fiduci-
ary shall also, at the request of the commissioner to whom he is required
to exhibit the foregoing statements, exhibit to the commissioner the
securities held by him together with a statement of every bank in which
cash is held at the terminal date of the account.

The commissioner shall enter in his record book, in a separate column,
the date of each settlement of fiduciary accounts made by him.