2018 Vermont Statutes
Title 13 - Crimes and Criminal Procedure
Chapter 49 - Fraud In Commercial Transactions
§ 2071 Penalty for failure to discharge security agreement

Universal Citation: 13 V.S.A. § 2071

§ 2071. Penalty for failure to discharge security agreement

When the condition of a security agreement has been fulfilled, within 30 days thereafter, the secured party shall cause the security agreement to be discharged of record. A person who neglects or refuses so to do shall be fined not more than $50.00 nor less than $5.00. (Added 1966, No. 29 (Sp. Sess.), § 19.)

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