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
:
TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR
(Cite as: 27 V.S.A. § 1516)
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§ 1516. Property removed from safe-deposit box
Property removed from a safe-deposit box and delivered under this chapter to the Administrator
under this chapter is subject to the holder’s right to reimbursement for the cost
of opening the box and a lien or contract providing reimbursement to the holder for
unpaid rent charges for the box. The Administrator shall reimburse the holder from
the proceeds remaining after deducting the expense incurred by the Administrator in
selling the property. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)