64.1-132.5 - Payment or delivery of small asset; funeral expenses. - Virginia Statutes

§ 64.1-132.5. Payment or delivery of small asset; funeral expenses.

Thirty days after the death of a decedent upon whose estate there shall havebeen no application for the appointment of a personal representative pendingor granted in any jurisdiction, any person holding a small asset belonging tothe decedent may, at the request of a successor, pay or deliver so much ofthe small asset as does not exceed the amount given priority by § 64.1-157 tothe undertaker or mortuary handling the funeral of the decedent, and areceipt of the payee shall be a full and final release of the payor as tosuch sum.

(2010, c. 269.)