Vt. Stat. Ann. tit. 27, § 1596

Waiver of interest and penalty

Known as the Revised Uniform Unclaimed Property Act

The act spans §§ 27–27 (97 sections).

Added 2019, No. 93 (Adj

The Administrator:

(1) may waive, in whole or in part, interest under subsection 1594(a) of this title and penalties under subsection 1594(b) or section 1595 of this title; and

(2) shall waive a penalty under subsection 1594(b) of this title if the Administrator determines that the holder acted in good faith and without negligence.

Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.