Terms Used In Vermont Statutes Title 30 Sec. 7504

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.

§ 7504. Severability

In the event that a court determines that some part of this chapter, or its application to a particular circumstance, violates the Constitution or laws of the United States, the remainder of this chapter shall not thereby be declared invalid. (Added 1993, No. 197 (Adj. Sess.), § 5.)