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
005
:
RECEIVERS
(Cite as: 12 V.S.A. § 4485)
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§ 4485. Borrowing money
The presiding judge of the Superior Court in which the action is pending or other
Superior judge may authorize the receivers or managers of property in the course of
administration in that court, when the interest of the parties or property requires
it, to borrow money for the proper and convenient discharge of their duties and on
such terms, conditions, limitations, and security as shall to the court seem fit.
This section shall not prevent the receivers or managers from borrowing money for
temporary purposes. (Amended 1971, No. 185 (Adj. Sess.), § 123, eff. March 29, 1972; 1973, No. 193 (Adj. Sess.), § 3, eff. April 9, 1974.)