Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Vermont Statutes Title 5 Sec. 3526

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.

§ 3526. Estate for life or years; reversionary interest

When a railroad corporation takes land subject to an estate for life or years, the commissioners shall appraise the damages to such estate and also the damages to the reversionary interest.