2014 Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 63 - INVENTORY, APPRAISAL, AND ACCOUNTS
§ 1063 Accountable for losses by neglect
§ 1063. Accountable for losses by neglect
When an 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 he or she 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 him or her in his or her account or he or she shall be liable therefor on his or her bond.
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
