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Vermont Statutes · § 1063 — Accountable for losses by neglect

1063. Accountable for losses by neglect

When an executor or administrator neglects or unreasonably delays to raise money by collecting the debts or selling the real or personal estate of the deceased, or neglects to pay over the money the fiduciary has in his or her hands, and the value of the estate is thereby lessened, or unnecessary cost or interest accrues, or the persons interested suffer loss, the same shall be deemed waste, and the damages sustained may be charged and allowed against the fiduciary in the fiduciary’s account or the fiduciary shall be liable for the damages on the fiduciary’s bond.

Source notes
History and annotations

(Amended 2017, No. 195 (Adj. Sess.), § 6.)

Official source for this version

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

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