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Vermont · Through 2025 session

27 V.S.A. § 1516: Property removed from safe-deposit box

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Where this section sits in the code
  1. Title 27: Property
  2. Chapter 018: Unclaimed Property
  3. Subchapter 006: TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR

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.

Collected 2026-09-05T17:17:08Z. Source file · JSON

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