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
007
:
SALE OF PROPERTY BY ADMINISTRATOR
(Cite as: 27 V.S.A. § 1532)
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§ 1532. Disposal of securities
(a) The Administrator may not sell or otherwise liquidate a security until three years
after the Administrator receives the security and gives the apparent owner notice
under section 1503 of this title that the Administrator holds the security.
(b) The Administrator may not sell a security listed on an established stock exchange
for less than the price prevailing on the exchange at the time of sale. The Administrator
may sell a security not listed on an established exchange by any commercially reasonable
method. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)