Skip to content

Vermont Statutes · § 14.40 — Deposit with State Treasurer

14.40. Deposit with State Treasurer

Assets of a dissolved corporation that should be transferred to a creditor, claimant, or shareholder of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited with the State Treasurer or other appropriate State official for safekeeping. When the creditor, claimant, or shareholder furnishes satisfactory proof of entitlement to the amount deposited, the State Treasurer or other appropriate State official shall pay him or her or his or her representative that amount.

Source notes
History and annotations

(Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)

Official source for this version

Source captured 2026-09-25. Open the official source.

General legal information, not legal advice. Jurisio is not a law firm.