8.01-373 - When property sells for more than claim, how surplus paid. - Virginia Statutes

§ 8.01-373. When property sells for more than claim, how surplus paid.

When property, the sale of which is indemnified, sells for more than enoughto satisfy the execution, attachment, or distress warrant under which it istaken, the surplus shall be paid by the officer into the court where theindemnifying bond is required to be returned, or as such court may direct.The court wherein the surplus is held may make such order for the dispositionthereof, either temporarily until the question as to the title of theproperty sold is determined, or absolutely, as in respect to the rights ofthose interested may seem to it proper.

(Code 1950, § 8-235; 1977, c. 617.)