27 V.S.A. § 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.