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.
(Cite as: 9A V.S.A. § 7-602)
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§ 7—602. Judicial process against goods covered by negotiable document of title
Unless a document of title was originally issued upon delivery of the goods by a person
that did not have power to dispose of them, a lien does not attach by virtue of any
judicial process to goods in the possession of a bailee for which a negotiable document
of title is outstanding unless possession or control of the document is first surrendered
to the bailee or the document’s negotiation is enjoined. The bailee may not be compelled
to deliver the goods pursuant to process until possession or control of the document
is surrendered to the bailee or to the court. A purchaser of the document for value
without notice of the process or injunction takes free of the lien imposed by judicial
process. (Added 2015, No. 51, § B.3, eff. June 3, 2015.)