Vermont Statutes

§ 3641 — Common investment of individual trust funds

Vermont § 3641
JurisdictionVermont
Title 16Title 16: Education
Ch. 127Chapter 127: Use of Educational Trust Funds

This text of Vermont § 3641 (Common investment of individual trust funds) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Vt. Stat. Ann. tit. 16, § 3641 (2026).

Text

In its discretion, an educational institution may associate together for common investment the funds of individual trusts or individual funds held by it whether created by order of court or otherwise, if the terms of the trust or gift do not require a separate investment. For that purpose, an educational institution may create an investment account in which may be placed for investment the whole or any part of the funds of trusts or gifts permitted to be associated. An individual trust or gift whose funds are thus associated shall at all times be the equitable owner of its pro rata share of the funds of such investment account and the net increase or decrease of its principal during the time its funds are a part of such account.

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Bluebook (online)
Vermont § 3641, Counsel Stack Legal Research, https://law.counselstack.com/statute/vt/127/3641.