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§ 490 — 490 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

490

U.S. Virgin Islands § 490 — U.S. Virgin Islands law

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When there are proceeds of sale belonging to an unknown owner, or to a person without the Virgin Islands who has no legal representatives within it, or when there are proceeds arising from the sale of an estate subject to the prior estate of a tenant for life or years, which are paid into the court or otherwise deposited by order of the court, the same may be invested under such order in securities on interest for the benefit of the persons entitled thereto.