The Vermont Statutes Online
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
NOTE: The online version of the Vermont Statutes does NOT yet include the actions of the 2023 legislative session. The 2023 updates should be available by the end of October.
Title 27: Property
Chapter 018: UNCLAIMED PROPERTY
- Subchapter 001: GENERAL PROVISIONS
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§ 1451. Short title
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§ 1452. Definitions
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§ 1453. Inapplicability to foreign transaction
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§ 1454. Rulemaking
- Subchapter 002: PRESUMPTION OF ABANDONMENT
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§ 1461. When property presumed abandoned
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§ 1462. When tax-deferred retirement account presumed abandoned
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§ 1463. When other tax-deferred account presumed abandoned
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§ 1464. When custodial account for minor presumed abandoned
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§ 1465. When contents of safe-deposit box presumed abandoned
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§ 1466. When stored-value card presumed abandoned
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§ 1467. When security presumed abandoned
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§ 1468. When related property presumed abandoned
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§ 1469. Indication of apparent owner interest in property
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§ 1470. Knowledge of death of insured or annuitant
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§ 1471. Deposit account for proceeds of insurance policy or annuity contract
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§ 1472. Unclaimed life insurance benefits
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§ 1473. When abandonment period is accelerated
- Subchapter 003: RULES FOR TAKING CUSTODY OF PROPERTY PRESUMED ABANDONED
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§ 1481. Address of apparent owner to establish priority
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§ 1482. Address of apparent owner in this State
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§ 1483. If records show multiple addresses of apparent owner
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§ 1484. Holder domiciled in this State
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§ 1485. Custody if transaction took place in this State
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§ 1486. Traveler's check, money order, or similar instrument
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§ 1487. Burden of proof to establish Administrator's right to custody
- Subchapter 004: REPORT BY HOLDER
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§ 1491. Report required by holder
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§ 1492. Content of report
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§ 1493. When report to be filed
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§ 1494. Retention of records by holder
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§ 1495. Property reportable and payable or deliverable absent owner demand
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§ 1496. Electric utility cooperatives
- Subchapter 005: NOTICE TO APPARENT OWNER OF PROPERTY PRESUMED ABANDONED
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§ 1501. Notice to apparent owner by holder
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§ 1502. Contents of notice by holder
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§ 1503. Notice by Administrator
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§ 1504. Cooperation among State officers and agencies to locate apparent owner
- Subchapter 006: TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR
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§ 1511. Definition of good faith
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§ 1512. Dormancy charge
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§ 1513. Payment or delivery of property to Administrator
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§ 1514. Effect of payment or delivery of property to Administrator
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§ 1515. Recovery of property by holder from Administrator
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§ 1516. Property removed from safe-deposit box
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§ 1517. Crediting income or gain to owner's account
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§ 1518. Administrator's options as to custody
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§ 1519. Disposition of property having no substantial value; immunity from liability
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§ 1520. Periods of limitation and repose
- Subchapter 007: SALE OF PROPERTY BY ADMINISTRATOR
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§ 1531. Public sale of property
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§ 1532. Disposal of securities
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§ 1533. Recovery of securities or value by owner
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§ 1534. Purchaser owns property after sale
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§ 1535. Military medal or decoration
- Subchapter 008: ADMINISTRATION OF PROPERTY
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§ 1541. Deposit of funds by Administrator
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§ 1542. Administrator to retain records of property
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§ 1543. Expenses and service charges of Administrator
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§ 1544. Administrator holds property as custodian for owner
- Subchapter 009: CLAIM TO RECOVER PROPERTY FROM ADMINISTRATOR
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§ 1551. Claim of another state to recover property
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§ 1552. When property subject to recovery by another state
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§ 1553. Claim for property by person claiming to be owner
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§ 1554. When Administrator must honor claim for property
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§ 1555. Allowance of claim for property
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§ 1556. Action by person whose claim is denied
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§ 1557. Deceased owners; multiple claimants
- Subchapter 010: VERIFIED REPORT OF PROPERTY; EXAMINATION OF RECORDS
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§ 1561. Verified report of property
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§ 1562. Examination of records to determine compliance
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§ 1563. Rules for conducting examination
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§ 1564. Records obtained in examination
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§ 1565. Evidence of unpaid debt or undischarged obligation
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§ 1566. Failure of person examined to retain records
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§ 1567. Report to person whose records were examined
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§ 1568. Complaint to Administrator about conduct of person conducting examination
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§ 1569. Administrator's contract with another to conduct examination
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§ 1570. Limit on future employment
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§ 1571. Report by Administrator to General Assembly
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§ 1572. Determination of liability for unreported reportable property
- Subchapter 011: DETERMINATION OF LIABILITY; PUTATIVE HOLDER REMEDIES
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§ 1581. Informal conference
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§ 1582. Review of Administrator's determination
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§ 1583. Administrative review
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§ 1584. Judicial remedy
- Subchapter 012: ENFORCEMENT BY ADMINISTRATOR
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§ 1591. Judicial action to enforce liability
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§ 1592. Interstate and international agreement; cooperation
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§ 1593. Action involving another state or foreign country
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§ 1594. Interest and penalty for failure to act in timely manner
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§ 1595. Other civil penalties
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§ 1596. Waiver of interest and penalty
- Subchapter 013: AGREEMENT TO LOCATE PROPERTY OF APPARENT OWNER HELD BY ADMINISTRATOR
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§ 1601. When agreement to locate property enforceable
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§ 1602. When agreement to locate property void
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§ 1603. Right of agent of apparent owner to recover property held by Administrator
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§ 1604. Asset locators
- Subchapter 014: CONFIDENTIALITY AND SECURITY OF INFORMATION
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§ 1611. Definitions; applicability
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§ 1612. Confidential information
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§ 1613. When confidential information may be disclosed
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§ 1614. Confidentiality agreement
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§ 1615. No confidential information in notice
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§ 1616. Security of information
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§ 1617. Security breach
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§ 1618. Indemnification for breach
- Subchapter 015: MISCELLANEOUS PROVISIONS
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§ 1621. Uniformity of application and construction
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§ 1622. Relation to Electronic Signatures in Global and National Commerce Act
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§ 1623. Transitional provision