6.2-2312 - (Effective October 1, 2010) Rental for storage unpaid for three years.

§ 6.2-2312. (Effective October 1, 2010) Rental for storage unpaid for threeyears.

If a company has received for safekeeping from any person any package or boxto be stored in its general vault, and the rental for such storage shall haveremained unpaid for a period of three years, the company shall have the rightto open such package or box and to have the contents thereof inventoried,upon compliance substantially with the procedure as to witnesses, notices,and certificates provided for the opening of any box in §§ 6.2-2305 through6.2-2308. If the rental or other charges for the safekeeping of such packageor box and the charges incident to the opening of the same remain unpaid fora period of two years from the date of such opening, the contents thereof maybe sold upon compliance substantially with the procedure provided for thesale of the contents of any box in § 6.2-2310, and the proceeds of such saleshall be treated in the same manner provided for the treatment of theproceeds of sale of the contents of any box in § 6.2-2311.

(Code 1950, § 6-273; 1966, c. 584, § 6.1-342; 2010, c. 794.)