Vermont § 1152 Property held without a loan agreement

Vermont Statutes

§ 1152 — Property held without a loan agreement

Vermont·Title 27 Title 27: Property·Ch. 12 Chapter 012: Museum Property

Any property held by a museum that is not subject to a loan agreement and has been held for 10 or more years and has remained unclaimed shall be deemed to be abandoned. The property shall become the property of the museum, provided the museum has given notice pursuant to section 1154 of this title and no assertion of title has been filed for the property within 180 days from the date of the third published notice. (Added 2007, No. 127 (Adj. Sess.), § 1.)

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Any property held by a museum that is not subject to a loan agreement and has been held for 10 or more years and has remained unclaimed shall be deemed to be abandoned. The property shall become the property of the museum, provided the museum has given notice pursuant to section 1154 of this title and no assertion of title has been filed for the property within 180 days from the date of the third published notice. (Added 2007, No. 127 (Adj. Sess.), § 1.)

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