Vermont Statutes Title 14 Sec. 4017
Terms Used In Vermont Statutes Title 14 Sec. 4017
- Agent: means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact, or otherwise. See
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
- Principal: means an individual who grants authority to an agent in a power of attorney. See
- Property: means anything that may be the subject of ownership, whether real or personal, or legal or equitable, or any interest or right therein. See
§ 4017. Agent‘s liability
An agent who violates this chapter is liable to the principal or the principal’s successors in interest for the amount required to:
(1) restore the value of the principal’s property to what it would have been had the violation not occurred;
(2) reimburse the principal or the principal’s successors in interest for the attorney’s fees and costs paid on the agent’s behalf;
(3) reimburse the reasonable attorney’s fees and costs incurred by the principal or the principal’s successor in interest in pursuing rectification of the violation by the agent; and
(4) pay such other amounts, damages, costs, or expenses that the court may award. (Added 2023, No. 60, § 1, eff. July 1, 2023.)