The Vermont Statutes Online
The statutes were updated in November, 2018, and contain all actions of the
2018 legislative session.
Subchapter 003 : FORMAL PROCEEDINGS(Cite as: 8 V.S.A. § 7083)
§ 7083. Distribution of assets
Under the direction of the Court, the liquidator shall pay distributions in a manner that will assure the proper recognition of priorities and a reasonable balance between the expeditious completion of the liquidation and the protection of unliquidated and undetermined claims, including third party claims. Distribution of assets in kind may be made at valuations set by agreement between the liquidator and the creditor and approved by the Court. (Added 1991, No. 45, § 2, eff. May 29, 1991.)