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 5 : Aeronautics and Surface Transportation Generally
Chapter 009 : General Provisions; Abandoned Aircraft
Subchapter 002 : Abandoned Aircraft
(Cite as: 5 V.S.A. § 226)-
§ 226. Application of proceeds
The airport manager shall pay the balance of the proceeds of the sale, if any, after payment of liens and the reasonable expenses incident to the sale, to the owner or lienholder of the aircraft or aircraft component, if claimed at any time within one year from the date of the sale. If the owner or lienholder does not claim the balance within one year, the airport manager shall retain the proceeds. (Added 2017, No. 158 (Adj. Sess.), § 10.)
