CHAPTER 350

An Act to amend the Code of Virginia by adding a section numbered 55-
61.1, relating to the validation of sales of real property under a trust
instrument which did not contain a provision authorizing sale.

[S 199]
Approved March 30, 1962

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia be amended by adding a section numbered
55-61.1 as follows:

§ 55-61.1. When any real property is conveyed by deed of trust, or
other trust instrument, whether heretofore or hereafter made, to a
trustee and there is no provision authorizing the trustee to convey the
property or any part thereof, which is the subject of such deed of trust, and
the trustee conveys said property or any part thereof, such conveyance
shall be valid after a period of thirty years from the date of such con-
veyance, provided there have been no adverse claims against the property
so conveyed in the interim, and provided that such conveyances to and
from said trustee were properly recorded and indexed at the time of the
conveyance, in the appropriate clerk’s office wherein deeds are recorded in
the county or city wherein the property lies.