Vt. Stat. Ann. tit. 13, § 2071
Penalty for failure to discharge security agreement
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
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.
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.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.