Terms Used In Vermont Statutes Title 27 Sec. 1561

  • Administrator: means the Vermont State Treasurer. See
  • Person: means an individual, estate, business association, public corporation, government or governmental subdivision, agency, or instrumentality, or other legal entity. 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
  • State: means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U. See

§ 1561. Verified report of property

If a person does not file a report required by section 1491 of this title or the Administrator believes that a person may have filed an inaccurate, incomplete, or false report, the Administrator may require the person to file a verified report in a form prescribed by the Administrator. The verified report must:

(1) state whether the person is holding property reportable under this chapter;

(2) describe property not previously reported or about which the Administrator has inquired;

(3) specifically identify property described under subdivision (2) of this section about which there is a dispute whether it is reportable under this chapter; and

(4) state the amount or value of the property. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)