The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 13 : Crimes and Criminal Procedure
Chapter 049 : Fraud in Commercial Transactions
Subchapter 003 : Security Agreements
(Cite as: 13 V.S.A. § 2071)-
§ 2071. Penalty for failure to discharge security agreement
When the condition of a security agreement has been fulfilled, within 30 days thereafter, the secured party shall cause the security agreement to be discharged of record. A person who neglects or refuses so to do shall be fined not more than $50.00 nor less than $5.00. (Added 1966, No. 29 (Sp. Sess.), § 19.)
