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Terms Used In Vermont Statutes Title 27 Sec. 706

  • 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.
  • 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

§ 706. Reconveyance by Governor

When title to such real estate vests in the State, it shall be under the charge of the Governor. Upon the Governor being satisfied that the congregation or society has become a corporation according to law, the Governor shall grant and convey the real estate and the rights, title, and interest of the State to the corporation, which shall be vested with the rights, title, and interest. (Amended 2023, No. 6, § 344, eff. July 1, 2023.)