{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/15.2-2603.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/15.2-2603.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/15.2-2603.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/15.2-2603.html"}],"law_id":348058,"edition_id":2,"section_id":348058,"structure_id":49927,"section_number":"15.2-2603","catch_line":"Disposition of unclaimed funds due on matured bonds or coupons","history":"Code 1950, \u00a7 15-666.17; 1958, c. 640; 1962, c. 623, \u00a7 15.1-174; 1991, c. 668, \u00a7 15.1-227.6; 1997, c. 587.","full_text":"Any locality having bonds outstanding on which principal, premium or interest has matured for a period of more than five years may pay any money being held to pay the matured principal, premium or interest into the general fund of the locality. The locality shall maintain a record of the bonds for which the funds were held. Thereafter the owners of the matured bonds may look only to the locality for payment.\n\n","order_by":null,"text":{"0":{"id":1298237,"text":"Any locality having bonds outstanding on which principal, premium or interest has matured for a period of more than five years may pay any money being held to pay the matured principal, premium or interest into the general fund of the locality. The locality shall maintain a record of the bonds for which the funds were held. Thereafter the owners of the matured bonds may look only to the locality for payment.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":49927,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":49926,"metadata":{"child_laws":4,"child_structures":0},"date_created":"2026-08-02 02:18:24","date_modified":"2026-08-02 12:29:40","permalink":{"id":1382947,"object_type":"structure","relational_id":49927,"identifier":"1","token":"15.2\/II\/26\/1","url":"\/15.2\/II\/26\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49926,"edition_id":2,"name":"Public Finance Act","identifier":"26","label":"chapter","depth":3,"order_by":21,"parent_id":49834,"metadata":{"child_laws":64,"child_structures":7},"date_created":"2026-08-02 02:18:24","date_modified":"2026-08-02 12:29:39","permalink":{"id":1382945,"object_type":"structure","relational_id":49926,"identifier":"26","token":"15.2\/II\/26","url":"\/15.2\/II\/26\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49834,"edition_id":2,"name":"Powers of Local Government","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":49831,"metadata":{"child_laws":1081,"child_structures":112},"date_created":"2026-08-02 02:16:24","date_modified":"2026-08-02 12:29:25","permalink":{"id":1379371,"object_type":"structure","relational_id":49834,"identifier":"II","token":"15.2\/II","url":"\/15.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":49831,"edition_id":2,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":46,"parent_id":null,"metadata":{"child_laws":2297,"child_structures":225},"date_created":"2026-08-02 02:16:22","date_modified":"2026-08-02 12:29:22","permalink":{"id":1378281,"object_type":"structure","relational_id":49831,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":348055,"structure_id":49927,"section_number":"15.2-2600","catch_line":"Short title","url":"\/15.2-2600\/","token":"15.2\/II\/26\/1\/15.2-2600","metadata":false},{"id":348056,"structure_id":49927,"section_number":"15.2-2601","catch_line":"Chapter not to affect general, special and local acts and charters under which bonds are issued or validated","url":"\/15.2-2601\/","token":"15.2\/II\/26\/1\/15.2-2601","metadata":false},{"id":348057,"structure_id":49927,"section_number":"15.2-2602","catch_line":"Definitions","url":"\/15.2-2602\/","token":"15.2\/II\/26\/1\/15.2-2602","metadata":false},{"id":348058,"structure_id":49927,"section_number":"15.2-2603","catch_line":"Disposition of unclaimed funds due on matured bonds or coupons","url":"\/15.2-2603\/","token":"15.2\/II\/26\/1\/15.2-2603","metadata":false}],"previous_section":{"id":348057,"structure_id":49927,"section_number":"15.2-2602","catch_line":"Definitions","url":"\/15.2-2602\/","token":"15.2\/II\/26\/1\/15.2-2602","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-2603\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1958, chapter 640; in 1962, chapter 623; in 1991, chapter 668; in 1997, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?971+ful+CHAP0587\">587<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1382961,"object_type":"law","relational_id":348058,"identifier":"15.2-2603","token":"15.2\/II\/26\/1\/15.2-2603","url":"\/15.2-2603\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/15.2-2603\/","token":"15.2\/II\/26\/1\/15.2-2603","dublin_core":{"Title":"Disposition of unclaimed funds due on matured bonds or coupons","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2603","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any <span class=\"dictionary\">locality<\/span> having <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> outstanding on which principal, premium or interest has matured for a period of more than five years may pay any money being held to pay the matured principal, premium or interest into the general fund of the <span class=\"dictionary\">locality<\/span>. The <span class=\"dictionary\">locality<\/span> shall maintain a record of the <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> for which the funds were held. Thereafter the owners of the matured <span class=\"dictionary\"><span class=\"dictionary\">bonds<\/span><\/span> may look only to the <span class=\"dictionary\">locality<\/span> for payment.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDISPOSITION OF UNCLAIMED FUNDS DUE ON MATURED BONDS OR COUPONS (\u00a7 15.2-2603)\n\nAny locality having bonds outstanding on which principal, premium or interest\nhas matured for a period of more than five years may pay any money being held to\npay the matured principal, premium or interest into the general fund of the\nlocality. The locality shall maintain a record of the bonds for which the funds\nwere held. Thereafter the owners of the matured bonds may look only to the\nlocality for payment.\n\nHISTORY: Code 1950, \u00a7 15-666.17; 1958, c. 640; 1962, c. 623, \u00a7 15.1-174; 1991,\nc. 668, \u00a7 15.1-227.6; 1997, c. 587.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}