Terms Used In Vermont Statutes Title 27 Sec. 1495

  • Owner: means a person that has a legal, beneficial, or equitable interest in property subject to this chapter or the person's legal representative when acting on behalf of the owner. See
  • Property: means tangible property described in section 1465 of this title or a fixed and certain interest in intangible property held, issued, or owed in the course of a holder's business or by a government, governmental subdivision, agency, or instrumentality. See

§ 1495. Property reportable and payable or deliverable absent owner demand

Property is reportable and payable or deliverable under this chapter even if the owner fails to make demand or present an instrument or document otherwise required to obtain payment. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)