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 27 : Property
Chapter 018 : Unclaimed Property
Subchapter 004 : Report by Holder
(Cite as: 27 V.S.A. § 1491)-
§ 1491. Report required by holder
(a) A holder of property presumed abandoned and subject to the custody of the Administrator shall report in a record to the Administrator concerning the property. The Administrator may not require a holder to file a paper report.
(b) A holder may contract with a third party to make the report required under subsection (a) of this section.
(c) Whether or not a holder contracts with a third party under subsection (b) of this section, the holder is responsible:
(1) to the Administrator for the complete, accurate, and timely reporting of property presumed abandoned; and
(2) for paying or delivering to the Administrator property described in the report. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
