The Vermont Statutes Online
The Statutes below include the actions of the 2024 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 009 : CLAIM TO RECOVER PROPERTY FROM ADMINISTRATOR
(Cite as: 27 V.S.A. § 1551)-
§ 1551. Claim of another state to recover property
(a) If the Administrator knows that property held by the Administrator under this chapter is subject to a superior claim of another state, the Administrator shall:
(1) report and pay or deliver the property to the other state; or
(2) return the property to the holder so that the holder may pay or deliver the property to the other state.
(b) The Administrator is not required to enter into an agreement to transfer property to the other state under subsection (a) of this section. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)