{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/54.1-2506.2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/54.1-2506.2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/54.1-2506.2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/54.1-2506.2.html"}],"law_id":368218,"edition_id":2,"section_id":368218,"structure_id":52482,"section_number":"54.1-2506.2","catch_line":"Protection of escrow funds, etc., held by persons licensed by any of the health regulatory boards","history":"1995, c. 738.","full_text":"Whenever funds are held in escrow, in trust, or in some other fiduciary capacity by a person licensed by any of the health regulatory boards and the Director or investigative personnel appointed by him have reason to believe that such person is not able or is unwilling to adequately protect such funds or the interest of any person therein, the Director may file a petition with any court of record having equity jurisdiction over such person or any of the funds held by such person stating the facts upon which he relies. The court may temporarily enjoin further activity by such person and take such further action as shall be necessary to conserve, protect and disburse the funds involved, including the appointment of a receiver. If a receiver is appointed his expenses and a reasonable fee as determined by the court shall be paid by such person.\n\n","order_by":null,"text":{"0":{"id":1370776,"text":"Whenever funds are held in escrow, in trust, or in some other fiduciary capacity by a person licensed by any of the health regulatory boards and the Director or investigative personnel appointed by him have reason to believe that such person is not able or is unwilling to adequately protect such funds or the interest of any person therein, the Director may file a petition with any court of record having equity jurisdiction over such person or any of the funds held by such person stating the facts upon which he relies. The court may temporarily enjoin further activity by such person and take such further action as shall be necessary to conserve, protect and disburse the funds involved, including the appointment of a receiver. If a receiver is appointed his expenses and a reasonable fee as determined by the court shall be paid by such person.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":52482,"edition_id":2,"name":"Department of Health Professions","identifier":"25","label":"chapter","depth":3,"order_by":3,"parent_id":52479,"metadata":{"child_laws":11,"child_structures":0},"date_created":"2026-08-02 02:59:28","date_modified":"2026-08-02 12:35:01","permalink":{"id":1468309,"object_type":"structure","relational_id":52482,"identifier":"25","token":"54.1\/III\/25","url":"\/54.1\/III\/25\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52479,"edition_id":2,"name":"Professions and Occupations Regulated by Boards Within the Department of Health Professions","identifier":"III","label":"subtitle","depth":2,"order_by":3,"parent_id":52436,"metadata":{"child_laws":738,"child_structures":83},"date_created":"2026-08-02 02:59:23","date_modified":"2026-08-02 12:35:00","permalink":{"id":1468107,"object_type":"structure","relational_id":52479,"identifier":"III","token":"54.1\/III","url":"\/54.1\/III\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52436,"edition_id":2,"name":"Professions and Occupations","identifier":"54.1","label":"title","depth":1,"order_by":118,"parent_id":null,"metadata":{"child_laws":1282,"child_structures":163},"date_created":"2026-08-02 02:58:52","date_modified":"2026-08-02 12:34:51","permalink":{"id":1466315,"object_type":"structure","relational_id":52436,"identifier":"54.1","token":"54.1","url":"\/54.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":368210,"structure_id":52482,"section_number":"54.1-2500","catch_line":"Definitions","url":"\/54.1-2500\/","token":"54.1\/III\/25\/54.1-2500","metadata":false},{"id":368211,"structure_id":52482,"section_number":"54.1-2501","catch_line":"Department established","url":"\/54.1-2501\/","token":"54.1\/III\/25\/54.1-2501","metadata":false},{"id":368212,"structure_id":52482,"section_number":"54.1-2502","catch_line":"Use of consultants in investigations","url":"\/54.1-2502\/","token":"54.1\/III\/25\/54.1-2502","metadata":false},{"id":368213,"structure_id":52482,"section_number":"54.1-2503","catch_line":"Boards within Department","url":"\/54.1-2503\/","token":"54.1\/III\/25\/54.1-2503","metadata":false},{"id":368214,"structure_id":52482,"section_number":"54.1-2504","catch_line":"Appointment of Director","url":"\/54.1-2504\/","token":"54.1\/III\/25\/54.1-2504","metadata":false},{"id":368215,"structure_id":52482,"section_number":"54.1-2505","catch_line":"Powers and duties of Director of Department","url":"\/54.1-2505\/","token":"54.1\/III\/25\/54.1-2505","metadata":false},{"id":368219,"structure_id":52482,"section_number":"54.1-2506","catch_line":"Enforcement of laws by Director and investigative personnel; authority of investigative personnel and Director","url":"\/54.1-2506\/","token":"54.1\/III\/25\/54.1-2506","metadata":false},{"id":368216,"structure_id":52482,"section_number":"54.1-2506.01","catch_line":"Investigation of reported violations","url":"\/54.1-2506.01\/","token":"54.1\/III\/25\/54.1-2506.01","metadata":false},{"id":368217,"structure_id":52482,"section_number":"54.1-2506.1","catch_line":"Submission of required information","url":"\/54.1-2506.1\/","token":"54.1\/III\/25\/54.1-2506.1","metadata":false},{"id":368218,"structure_id":52482,"section_number":"54.1-2506.2","catch_line":"Protection of escrow funds, etc., held by persons licensed by any of the health regulatory boards","url":"\/54.1-2506.2\/","token":"54.1\/III\/25\/54.1-2506.2","metadata":false},{"id":368220,"structure_id":52482,"section_number":"54.1-2507","catch_line":"Repealed","url":"\/54.1-2507\/","token":"54.1\/III\/25\/54.1-2507","metadata":false}],"previous_section":{"id":368217,"structure_id":52482,"section_number":"54.1-2506.1","catch_line":"Submission of required information","url":"\/54.1-2506.1\/","token":"54.1\/III\/25\/54.1-2506.1","metadata":false},"next_section":{"id":368220,"structure_id":52482,"section_number":"54.1-2507","catch_line":"Repealed","url":"\/54.1-2507\/","token":"54.1\/III\/25\/54.1-2507","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/54.1-2506.2\/","history_text":"

This law was first created in 1995. The record of its establishment is cataloged in chapter 738<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":1468347,"object_type":"law","relational_id":368218,"identifier":"54.1-2506.2","token":"54.1\/III\/25\/54.1-2506.2","url":"\/54.1-2506.2\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/54.1-2506.2\/","token":"54.1\/III\/25\/54.1-2506.2","dublin_core":{"Title":"Protection of escrow funds, etc., held by persons licensed by any of the health regulatory boards","Type":"Text","Format":"text\/html","Identifier":"\u00a7 54.1-2506.2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Whenever funds are held in escrow, in trust, or in some other fiduciary capacity by a person licensed by any of the health regulatory boards<\/span> and the Director<\/span> or investigative personnel appointed by him have reason to believe that such person is not able or is unwilling to adequately protect such funds or the interest of any person therein, the Director<\/span> may file a petition<\/span> with any court<\/span> of record having equity<\/span> jurisdiction<\/span> over such person or any of the funds held by such person stating the facts<\/span> upon which he relies. The court<\/span> may temporarily enjoin further activity by such person and take such further action as shall be necessary to conserve, protect and disburse the funds involved, including the appointment of a receiver. If a receiver is appointed his expenses and a reasonable fee as determined by the court<\/span> shall be paid by such person.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPROTECTION OF ESCROW FUNDS, ETC., HELD BY PERSONS LICENSED BY ANY OF THE HEALTH\nREGULATORY BOARDS (\u00a7 54.1-2506.2)\n\nWhenever funds are held in escrow, in trust, or in some other fiduciary capacity\nby a person licensed by any of the health regulatory boards and the Director or\ninvestigative personnel appointed by him have reason to believe that such person\nis not able or is unwilling to adequately protect such funds or the interest of\nany person therein, the Director may file a petition with any court of record\nhaving equity jurisdiction over such person or any of the funds held by such\nperson stating the facts upon which he relies. The court may temporarily enjoin\nfurther activity by such person and take such further action as shall be\nnecessary to conserve, protect and disburse the funds involved, including the\nappointment of a receiver. If a receiver is appointed his expenses and a\nreasonable fee as determined by the court shall be paid by such person.\n\nHISTORY: 1995, c. 738.","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"}}