Vermont Statutes Title 5 Sec. 3526
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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.