Vermont Statutes Title 27 Sec. 705
Terms Used In Vermont Statutes Title 27 Sec. 705
- 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.
- 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
- real estate: shall include lands, tenements, and hereditaments and all rights thereto and interests therein, and pews or slips in places of public worship shall be treated as real estate. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 705. Disposition upon death of noncorporate grantee
Real estate heretofore granted, devised, or demised, for the purpose mentioned in section 704 of this title, to a person in an ecclesiastical office or orders shall be deemed to be held in trust for the benefit of the congregation or society using the same. Unless previously conveyed to a corporation, as provided in section 704 of this title, the real estate, upon the death of the person in whom the legal title was vested on November 17, 1856, shall vest in the religious corporation formed by the congregation or religious society occupying and enjoying the real estate, if such a corporation, organized according to law, is in existence at the time of the death. If the congregation or society is not incorporated, the title of the real estate shall vest in the State. (Amended 2023, No. 6, § 343, eff. July 1, 2023.)