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
006
:
COMMUNITY MAUSOLEUMS AND COLUMBARIA
(Cite as: 18 V.S.A. § 5576)
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§ 5576. Sales before the completion of building; bond
A crypt or room in a community mausoleum, or niche in a columbarium, shall not be
sold or offered for sale before such structure is entirely completed, unless and until
the agency selling such crypts or niches enters into an agreement in which it agrees
to refund to each and every purchaser of crypts, rooms, and niches all sums of money
paid by each, together with legal interest thereon, in the event it fails to complete
such mausoleum or columbarium within a reasonable time thereafter, which agreement
shall be entered into with a bank or trust company as trustee for the purchasers of
crypts, rooms, and niches. The agency shall also deposit with the trustee a good and
sufficient bond or other security that shall guarantee the faithful performance of
the agreement. The selection of the bank or trust company, the trust agreement, and
the bond or other security herein provided for shall be submitted to and be subject
to the approval of the Probate Division of the Superior Court of the district where
such community mausoleum or columbarium is located. (Amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011; 2023, No. 6, § 191, eff. July 1, 2023.)