The Vermont Statutes Online
The Statutes below include the actions of the 2025 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.
Subchapter
003
:
RECEIVERSHIP AND DISSOLUTION
(Cite as: 8 V.S.A. § 19309)
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§ 19309. Limitation on time for proving claims
(a) By order, the Superior judge shall limit the time for creditors of the Vermont financial
institution to present and prove their claims before the receiver.
(b) Within 60 days from the date of such order, the receiver shall cause notice thereof
to be given by publication for three weeks successively in a newspaper printed and
circulated in the county where such Vermont financial institution is located. The
time allowed for creditors to present and prove their claims shall not be less than
six months and may be extended as circumstances require. Claims not presented within
the time limit shall not share in the assets of the Vermont financial institution. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)