43-40 - Subsequent payment of surplus proceeds to persons entitled thereto. - Virginia Statutes

§ 43-40. Subsequent payment of surplus proceeds to persons entitled thereto.

At any time within ten years after the payment into the state treasury of thesurplus proceeds of any such sale as provided in the preceding section (§43-39), the former owner or owners of the property so sold, upon evidence ofsuch ownership satisfactory to the Comptroller, shall be paid the principalamount of such surplus proceeds so paid into the state treasury out of anymoneys held in reserve on the books of the Department of Accounts for thebenefit of the Literary Fund upon warrant of the Comptroller. If any suchclaim be disallowed in whole or in part by the Comptroller, it may berecovered in the manner and subject to the conditions and limitationsprovided in §§ 8.01-192 through 8.01-195 and 8.01-255 for recovering claimsagainst the Commonwealth.

(1940, p. 270; Michie Code 1942, § 6451e.)