State Codes and Statutes

Statutes > Virginia > Title-43 > Chapter-7 > 43-62

§ 43-62. Lien for farm products consigned to commission merchant.

Whenever any farm products shall have been consigned to any commissionmerchant for sale, and he shall have made sale thereof and become insolventor die before paying over the proceeds of the sale thereof to, or on accountof, the consignor or owner of the farm products, the claim of such consignoror owner, when legally proved, shall be a lien on the estate of thecommission merchant subject only to such liens as were created on the estateand recorded prior to his insolvency or death.

The benefit of this section shall not accrue to any consignor or owner who,without requesting payment, shall allow such proceeds to remain with suchcommission merchant at interest, nor to any consignor or owner who, withoutrequesting payment, shall allow such proceeds to remain in the hands of suchcommission merchant more than 30 days after becoming informed of such sale.

Jurisdiction is hereby given to circuit courts to enforce the provisions ofthis section.

(Code 1919, § 6448; 2005, c. 681.)

State Codes and Statutes

Statutes > Virginia > Title-43 > Chapter-7 > 43-62

§ 43-62. Lien for farm products consigned to commission merchant.

Whenever any farm products shall have been consigned to any commissionmerchant for sale, and he shall have made sale thereof and become insolventor die before paying over the proceeds of the sale thereof to, or on accountof, the consignor or owner of the farm products, the claim of such consignoror owner, when legally proved, shall be a lien on the estate of thecommission merchant subject only to such liens as were created on the estateand recorded prior to his insolvency or death.

The benefit of this section shall not accrue to any consignor or owner who,without requesting payment, shall allow such proceeds to remain with suchcommission merchant at interest, nor to any consignor or owner who, withoutrequesting payment, shall allow such proceeds to remain in the hands of suchcommission merchant more than 30 days after becoming informed of such sale.

Jurisdiction is hereby given to circuit courts to enforce the provisions ofthis section.

(Code 1919, § 6448; 2005, c. 681.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-43 > Chapter-7 > 43-62

§ 43-62. Lien for farm products consigned to commission merchant.

Whenever any farm products shall have been consigned to any commissionmerchant for sale, and he shall have made sale thereof and become insolventor die before paying over the proceeds of the sale thereof to, or on accountof, the consignor or owner of the farm products, the claim of such consignoror owner, when legally proved, shall be a lien on the estate of thecommission merchant subject only to such liens as were created on the estateand recorded prior to his insolvency or death.

The benefit of this section shall not accrue to any consignor or owner who,without requesting payment, shall allow such proceeds to remain with suchcommission merchant at interest, nor to any consignor or owner who, withoutrequesting payment, shall allow such proceeds to remain in the hands of suchcommission merchant more than 30 days after becoming informed of such sale.

Jurisdiction is hereby given to circuit courts to enforce the provisions ofthis section.

(Code 1919, § 6448; 2005, c. 681.)