Virginia Regulatory Town Hall
Agency
Department of the Treasury
Board
Treasury Board
chapter
Regulations Governing Escheats [1 VAC 75 ‑ 30]
Action:
Conforming Escheat regulations to the recodification of the statute
Action 5806
 
General Information
Action Summary Treasury seeks to amend 1 VAC 75-30 to update Code of Virginia citations that no longer valid due to the recodification of the Escheat Generally Statute in 2019. As the result of the enactment of SB 1080, the code was renumbered § 55.1-2400 et seq. from 55-168 et seq. The legislation included renaming the chapter as “Escheats” from “Escheat Generally Statute”. In addition, there were semantic changes within the recodification that will now be reflected in the regulations. Two sections, authority and effective date, were repealed as they are now otherwise reported.
Chapters Affected Only affects this chapter.
Executive Branch Review This action will go through the normal Executive Branch Review process.
RIS Project Yes  [6838]
Associated Mandates Conforming Escheat regulations to the recodification of the statute
Result of Prior Periodic Review Filed 9/18/2020
New Periodic Review This action will not be used to conduct a new periodic review.
 
Stages
Stages associated with this regulatory action.
Stage ID Stage Type Status
9377 Fast-Track Stage complete. This regulation became effective on 03/03/2022.
 
Contact Information
Name / Title: Brad Earl  / Director of Unclaimed Property
Address: James Monroe Building
101 N. 14th Street, 4th Floor
Richmond, VA 23219
Email Address: bradley.earl@trs.virginia.gov
Phone: (804)807-0073    FAX: (804)786-4653    TDD: ()-

This person is the primary contact for this chapter.