A court may, on proper application, permit a party in the possession of money (or other valuable item capable of delivery) to deposit the money in court for various reasons including:
" to relieve the depositor of the responsibility of the funds;
" to avoid placing one party at a severe advantage during the period of litigation; and
" to preserve the funds in controversy to ensure that the prevailing party may receive the money it is awarded.
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Any court in which is pending a case wherein for more than three years there has been no order or proceeding, except to continue it, may, in its discretion, order it to be struck from its docket and the action shall thereby be discontinued.
Approval of compromises on behalf of persons under a disability in suits or actions to which they are parties.
Whenever there is due to any person, any sum of money from any source, not exceeding $50,000, the fund may be paid into the circuit court of the county or city in which the fund became due or such person resides.
The test of the sufficiency of any defensive pleading in any suit in equity or action at law shall be made by a motion to strike; if found insufficient, but amendable, the court may allow amendment on terms.
§ 8.01-600. How money under control of court deposited; record kept; liability of clerk. A. This section pertains only to money held by the clerk of the circuit court, when the court orders moneys to be held by the clerk pursuant to this section.
Proceedings for distribution of funds. A. Any person shown by a certificate to be entitled to funds deposited with the court or represented by a certificate of deposit may petition the court for the distribution of all or any part of the funds.
