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
015
:
MISCELLANEOUS PROVISIONS
(Cite as: 27 V.S.A. § 1623)
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§ 1623. Transitional provision
(a) An initial report filed under this chapter for property that was not required to be
reported before January 1, 2021, but that is required to be reported under this chapter,
must include all items of property that would have been presumed abandoned during
the 10-year period preceding January 1, 2021, as if this chapter had been in effect
during that period.
(b) This chapter does not relieve a holder of a duty that arose before January 1, 2021,
to report, pay, or deliver property. Subject to subsections 1520(b) and (c) of this
title, a holder that did not comply with the law governing unclaimed property before
January 1, 2021, is subject to applicable provisions for enforcement and penalties
in effect before January 1, 2021. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)