The Vermont Statutes Online

Title 27: Property

Chapter 018: Unclaimed Property

• Subchapter 001: GENERAL PROVISIONS
•    § 1451. Short title

•    § 1452. Definitions

•    § 1453. Inapplicability to foreign transaction

•    § 1454. Rulemaking

• Subchapter 002: PRESUMPTION OF ABANDONMENT
•    § 1461. When property presumed abandoned

•    § 1462. When tax-deferred retirement account presumed abandoned

•    § 1463. When other tax-deferred account presumed abandoned

•    § 1464. When custodial account for minor presumed abandoned

•    § 1465. When contents of safe-deposit box presumed abandoned

•    § 1466. When stored-value card presumed abandoned

•    § 1467. When security presumed abandoned

•    § 1468. When related property presumed abandoned

•    § 1469. Indication of apparent owner interest in property

•    § 1470. Knowledge of death of insured or annuitant

•    § 1471. Deposit account for proceeds of insurance policy or annuity contract

•    § 1472. Unclaimed life insurance benefits

•    § 1473. When abandonment period is accelerated

• Subchapter 003: RULES FOR TAKING CUSTODY OF PROPERTY PRESUMED ABANDONED
•    § 1481. Address of apparent owner to establish priority

•    § 1482. Address of apparent owner in this State

•    § 1483. If records show multiple addresses of apparent owner

•    § 1484. Holder domiciled in this State

•    § 1485. Custody if transaction took place in this State

•    § 1486. Traveler's check, money order, or similar instrument

•    § 1487. Burden of proof to establish Administrator's right to custody

• Subchapter 004: REPORT BY HOLDER
•    § 1491. Report required by holder

•    § 1492. Content of report

•    § 1493. When report to be filed

•    § 1494. Retention of records by holder

•    § 1495. Property reportable and payable or deliverable absent owner demand

•    § 1496. Electric utility cooperatives

• Subchapter 005: NOTICE TO APPARENT OWNER OF PROPERTY PRESUMED ABANDONED
•    § 1501. Notice to apparent owner by holder

•    § 1502. Contents of notice by holder

•    § 1503. Notice by Administrator

•    § 1504. Cooperation among State officers and agencies to locate apparent owner

• Subchapter 006: TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR
•    § 1511. Definition of good faith

•    § 1512. Dormancy charge

•    § 1513. Payment or delivery of property to Administrator

•    § 1514. Effect of payment or delivery of property to Administrator

•    § 1515. Recovery of property by holder from Administrator

•    § 1516. Property removed from safe-deposit box

•    § 1517. Crediting income or gain to owner's account

•    § 1518. Administrator's options as to custody

•    § 1519. Disposition of property having no substantial value; immunity from liability

•    § 1520. Periods of limitation and repose

• Subchapter 007: SALE OF PROPERTY BY ADMINISTRATOR
•    § 1531. Public sale of property

•    § 1532. Disposal of securities

•    § 1533. Recovery of securities or value by owner

•    § 1534. Purchaser owns property after sale

•    § 1535. Military medal or decoration

• Subchapter 008: ADMINISTRATION OF PROPERTY
•    § 1541. Deposit of funds by administrator

•    § 1542. Administrator to retain records of property

•    § 1543. Expenses and service charges of Administrator

•    § 1544. Administrator holds property as custodian for owner

• Subchapter 009: CLAIM TO RECOVER PROPERTY FROM ADMINISTRATOR
•    § 1551. Claim of another state to recover property

•    § 1552. When property subject to recovery by another state

•    § 1553. Claim for property by person claiming to be owner

•    § 1554. When Administrator must honor claim for property

•    § 1555. Allowance of claim for property

•    § 1556. Action by person whose claim is denied

•    § 1557. Deceased owners; multiple claimants

• Subchapter 010: VERIFIED REPORT OF PROPERTY; EXAMINATION OF RECORDS
•    § 1561. Verified report of property

•    § 1562. Examination of records to determine compliance

•    § 1563. Rules for conducting examination

•    § 1564. Records obtained in examination

•    § 1565. Evidence of unpaid debt or undischarged obligation

•    § 1566. Failure of person examined to retain records

•    § 1567. Report to person whose records were examined

•    § 1568. Complaint to Administrator about conduct of person conducting examination

•    § 1569. Administrator's contract with another to conduct examination

•    § 1570. Limit on future employment

•    § 1571. Report by Administrator to General Assembly

•    § 1572. Determination of liability for unreported reportable property

• Subchapter 011: DETERMINATION OF LIABILITY; PUTATIVE HOLDER REMEDIES
•    § 1581. Informal conference

•    § 1582. Review of Administrator's determination

•    § 1583. Administrative review

•    § 1584. Judicial remedy

• Subchapter 012: ENFORCEMENT BY ADMINISTRATOR
•    § 1591. Judicial action to enforce liability

•    § 1592. Interstate and international agreement; cooperation

•    § 1593. Action involving another state or foreign country

•    § 1594. Interest and penalty for failure to act in timely manner

•    § 1595. Other civil penalties

•    § 1596. Waiver of interest and penalty

• Subchapter 013: AGREEMENT TO LOCATE PROPERTY OF APPARENT OWNER HELD BY ADMINISTRATOR
•    § 1601. When agreement to locate property enforceable

•    § 1602. When agreement to locate property void

•    § 1603. Right of agent of apparent owner to recover property held by Administrator

•    § 1604. Asset locators

• Subchapter 014: CONFIDENTIALITY AND SECURITY OF INFORMATION
•    § 1611. Definitions; applicability

•    § 1612. Confidential information

•    § 1613. When confidential information may be disclosed

•    § 1614. Confidentiality agreement

•    § 1615. No confidential information in notice

•    § 1616. Security of information

•    § 1617. Security breach

•    § 1618. Indemnification for breach

• Subchapter 015: MISCELLANEOUS PROVISIONS
•    § 1621. Uniformity of application and construction

•    § 1622. Relation to Electronic Signatures in Global and National Commerce Act

•    § 1623. Transitional provision

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