Terms Used In Vermont Statutes Title 8 Sec. 19202

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

§ 19202. Conservation of assets

Under the direction of the Commissioner, the conservator shall take possession of the books, records, and assets of every description of the Vermont financial institution and take such action as may be necessary to conserve the assets thereof pending further disposition of its business as provided by law. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)