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Searching 2023-2024 Session

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.)