Vt. Stat. Ann. tit. 14, § 1058
Not to gain or lose by increase or decrease in value
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
An executor or administrator shall not profit by the increase, nor suffer loss by the decrease or destruction, without the fiduciary's fault, of any part of the estate. The executor or administrator shall account for any gain or loss incurred when any property is sold for more or less than the inventory value.
An executor or administrator shall not profit by the increase, nor suffer loss by the decrease or destruction, without the fiduciary’s fault, of any part of the estate. The executor or administrator shall account for any gain or loss incurred when any property is sold for more or less than the inventory value.
Amended 2017, No. 195 (Adj. Sess.), § 6.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.