Virginia Code 64.2-1207: Settlement for year to include unsettled portion of preceding year
Current as of: 2023 | Check for updates
|
Other versions
When a commissioner of accounts has the account of a fiduciary for any year before him for settlement, the settlement shall also include any time prior to such year for which the fiduciary has not settled.
Terms Used In Virginia Code 64.2-1207
- Fiduciary: includes a guardian, committee, trustee, executor, conservator, or personal representative. See Virginia Code 64.2-100
- Fiduciary: A trustee, executor, or administrator.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Code 1919, § 5424; Code 1950, § 26-28; 2012, c. 614.