Vt. Stat. Ann. tit. 5, § 3578
Release of corporation from liability
Redline — July 1, 2021 → current.View current text →
Current — July 1, 2022
As of July 1, 2021
The liability of the corporation shall continue although the railroad has been abandoned, unless the selectboard members of the town consent in writing that the corporation be released therefrom, or unless the corporation or its assigns restore such crossing to its original state of usefulness and permanency. Such written consent shall be recorded in the record of deeds in the town clerk’s office by such selectboard members.
The liability of the corporation shall continue although the railroad has been abandoned, unless the town’s selectboard members consent in writing that the corporation be released from liability, or unless the corporation or its assigns restore the crossing to its original state of usefulness and permanency. The written consent shall be recorded in the record of deeds in the town clerk’s office by the selectboard members.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.