Sale of property and payment of proceeds to nonresident trustee

Va. Code Ann. § 64.2-1431
in effect
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If, in any proceeding under § 64.2-1427 or in case of an interest in property acquired by a will that does not restrict the transfer of property out of the Commonwealth upon petition under § 64.2-1427 , the circuit court may order the property, or any part of it, to be sold, and the proceeds to be paid to the foreign guardian, conservator, committee, or nonresident trustee. Code 1919, § 5355; Code 1950, § 26-66; 1968, c. 399; 1997, c. 801 ; 2005, c. 935 ; 2012, c. 614 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/64.2-1431/Fetched: 10/17/2026

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