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Terms Used In Vermont Statutes Title 13 Sec. 2028

  • Fiduciary: A trustee, executor, or administrator.
  • Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See

§ 2028. Fraudulent violations of joint fiduciary accounts

(a) No person shall intentionally violate 8 V.S.A. § 14212(b) or (e) while acting as a fiduciary on a joint fiduciary account.

(b) A person who violates this section, or misappropriates funds of $500.00 or less in violation of this section, shall be imprisoned not more than two years or fined not more than $10,000.00, or both.

(c) A person who misappropriates funds of more than $500.00 in violation of this section, or who is convicted of a second or subsequent violation of this section, shall be imprisoned not more than 10 years or fined not more than $10,000.00, or both. (Added 2001, No. 115 (Adj. Sess.), § 4, eff. May 28, 2002.)