Agencies | Governor
Virginia Regulatory Town Hall
Agency
Department of the Treasury
Board
Treasury Board
chapter
Unclaimed Property Administrative Review Process [1 VAC 75 ‑ 40]
Action:
Conforming UCP regulations to the recodification of the UCP statute
 
General Information
Action Summary Treasury seeks to amend 1 VAC 75-40 to update the Code of Virginia citations that are no longer valid due to the recodification of the Uniform Disposition of Unclaimed Property Act in 2019. As the result of the enactment of SB 1080, the code was renumbered § 55.1-2500 et seq. from 55-210.1 et seq. The legislation included renaming the act as the “Virginia Disposition of Unclaimed Property Act”. In addition, there were semantic changes within the recodification that will now be reflected in the regulations. For example, in places that had “pay to the State Treasurer” or deliver to the “State Treasurer”, the title changed to “administrator”. The definition of administrator – “means State Treasurer or his designee” . In addition, the Application for Administrative Review form will be simplified to a request for administrative review in writing.
Chapters Affected Only affects this chapter.
Exempt from APA No, this action is subject to Article 2 of the Administrative Process Act.
RIS Project Yes  [6827]
New Periodic Review This action will not be used to conduct a new periodic review.
 
Stages
Stages associated with this regulatory action.
Stage ID Stage Type Status
9379 Fast-Track DPB review in progress.
 
Contact Information
Name / Title: Brad Earl  / Director of Unclaimed Property
Address: James Monroe Bldg.
101 N. 14th St., 4th Floor
Richmond, VA 23219
Email Address: bradley.earl@trs.virginia.gov
Phone: (804)807-0073    FAX: (804)786-4653    TDD: ()-

This person is the primary contact for this chapter.