Section 40. Annual reporting requirement for local government treasurers

An Annual Escheat Report shall be submitted by each local government treasurer, director of finance, or other designated local government official to the appointed escheator for that locality and to the agency by May 31 of each year for the calendar year just ended. This report is required even if there are no real property parcels to be reported. The report shall be prepared on the appropriate form, or in an approved format, and shall be submitted on either hard copy or an acceptable diskette in a file layout and format approved by the agency. The report shall be certified as to its accuracy by the commissioner of revenue or designated local official prior to the May 31 submission date.

The local government treasurer, director of finance, or other designated local government official shall include in the Annual Escheat Report all real properties pursuant to § 55-171 of the Code of Virginia.

Historical Notes

Derived from VR640-04-1 § 4, eff. July 1, 1992; amended, Volume 13, Issue 17, eff. June 11, 1997.

Statutory Authority

§ 55-200.1 of the Code of Virginia.