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: 14 V.S.A. § 1063)
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§ 1063. Accountable for losses by neglect
When an executor or administrator neglects or unreasonably delays to raise money by
collecting the debts or selling the real or personal estate of the deceased, or neglects
to pay over the money the fiduciary has in his or her hands, and the value of the
estate is thereby lessened, or unnecessary cost or interest accrues, or the persons
interested suffer loss, the same shall be deemed waste, and the damages sustained
may be charged and allowed against the fiduciary in the fiduciary’s account or the
fiduciary shall be liable for the damages on the fiduciary’s bond. (Amended 2017, No. 195 (Adj. Sess.), § 6.)