The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 13 : Crimes and Criminal Procedure
Chapter 049 : Fraud in Commercial Transactions
Subchapter 003 : Security Agreements
(Cite as: 13 V.S.A. § 2071)-
§ 2071. Penalty for failure to discharge security agreement
When the condition of a security agreement has been fulfilled, within 30 days thereafter, the secured party shall cause the security agreement to be discharged of record. A person who neglects or refuses so to do shall be fined not more than $50.00 nor less than $5.00. (Added 1966, No. 29 (Sp. Sess.), § 19.)
