There is a newer version
of
this Section
2020 Vermont Statutes
Title 27 - Property
Chapter 18 - Unclaimed Property
§ 1471. Deposit account for proceeds of insurance policy or annuity contract
Universal Citation: 27 V.S.A. § 1471.
§ 1471. Deposit account for proceeds of insurance policy or annuity contract
If proceeds payable under a life or endowment insurance policy or annuity contract are deposited into an account with check or draft-writing privileges for the beneficiary of the policy or contract and, under a supplementary contract not involving annuity benefits other than death benefits, the proceeds are retained by the insurance company or the financial organization where the account is held, the policy or contract includes the assets in the account. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
