Vt. Stat. Ann. tit. 33, § 7209
Limitations; payment of debts
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
The receiver shall petition the Court when debts incurred prior to appointment of the receiver appear extraordinary, of questionable validity, or unrelated to the normal and expected maintenance and operation of the facility; or where payment of the debts will interfere with the purposes of the receivership. The Court shall determine the order of priority of debts with first priority given to expenditures for direct care of current residents.
The receiver shall petition the court when debts incurred prior to appointment of the receiver appear extraordinary, of questionable validity, or unrelated to the normal and expected maintenance and operation of the facility, or where payment of the debts will interfere with the purposes of the receivership. The court shall determine the order of priority of debts, with first priority given to expenditures for direct care of current residents.
Added 2009, No. 36, § 2.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.