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Searching 2023-2024 Session

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 11A : Vermont Business Corporations

Chapter 014 : Dissolution

Subchapter 004 : Miscellaneous

(Cite as: 11A V.S.A. § 14.40)
  • § 14.40. Deposit with State Treasurer

    Assets of a dissolved corporation that should be transferred to a creditor, claimant, or shareholder of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited with the State Treasurer or other appropriate State official for safekeeping. When the creditor, claimant, or shareholder furnishes satisfactory proof of entitlement to the amount deposited, the State Treasurer or other appropriate State official shall pay him or her or his or her representative that amount. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)