HD2 - Report of the Virginia Commissioners to the National Conference of Commissioners on Uniform State Laws

  • Published: 1985
  • Author: Commissioners for the Promotion of Uniformity of Legislation

Executive Summary:
The General Assembly adopted two Uniform Acts during the 1984 Session. The General Assembly adopted substantial portions of the Uniform Unclaimed Property Act which will increase the revenues to the state and, at the same time, assure due process for the owners of unclaimed property to discover and reclaim it. Additionally, the amendments to Article VIII of the Uniform Commercial Code making provision for "uncertificated securities" were adopted. This will make it possible for corporations within Virginia to be competitive with those organized or operating under the laws of other states. The General Assembly had under consideration two additional Uniform Acts -- the Uniform Conflict of Laws-Limitations Act and the Uniform Limited Partnership Act. Both were deferred for further consideration to the 1985 Session of the General Assembly.

In 1983, Virginia adopted the Uniform Audio-Visual Deposition Act, and in 1982, the Uniform Disposition of Community Property Rights at Death Act and the ULC Model Real Estate Cooperative Act. Virginia has now adopted 32 Uniform Acts on the "active list," including the Uniform Commercial Code.

ACTIVITIES OF THE VIRGINIA COMMISSIONERS

Virginia was honored at the 1983 Annual Meeting by the election of Virginia Commissioner Carlyle C. Ring Jr. as President for a two-year term beginning August 1983. Commissioner Ring is the first Virginian to hold the post of President in the 92-year history of the National Conference.

The Virginia Commissioners have served on the following committees during the past year:

Brockenbrough Lamb, Jr. - Chairman, Standby Committee on Uniform Limited Partnership Act; Member, Standby Committee on Uniform Transfers to Minors Act.

H. Lane Kneedler, III - Member, Drafting Committee on Criminal Records.

Stephen G. Johnakin - Member, Drafting Committee on Business Opportunities Act; Member, Standing Legislative Committee and Legislative Council for that Committee.

Carlyle C. Ring, Jr. - President of the Conference, Ex-Officio member of every drafting and administrative committee; Member, Drafting Committee on Uniform Payments Code (Amendments to U.C.C. Articles II and VI); Member, A.B.A. House of Delegates representing the Conference.