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Terms Used In Vermont Statutes Title 12 Sec. 3079

  • Contract: A legal written agreement that becomes binding when signed.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.

§ 3079. Liability of trustee on failure to pay

When the trustee does not pay such sum by the time specified, when required by the officer serving the execution, he or she shall be liable to the plaintiff for the same with interest in an action of contract on this statute.