Report required by holder
27 V.S.A. § 1491
in effect1491. 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.
Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/27/018/01491Fetched: 10/21/2026
