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2025 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 VT Stats § 2071
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§ 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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