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Terms Used In Vermont Statutes Title 12 Sec. 3363

  • Contract: A legal written agreement that becomes binding when signed.
  • Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
  • Personal property: All property that is not real property.

§ 3363. Property in hands of bailee—Taking of reversionary interest of lessor, bailor, pledgor, or other owner

The reversionary title in personal property may be attached or levied upon as the property of the lessor, bailor, pledgor, or other person owning the same, subject to the contract rights of the party holding possession thereof.