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Terms Used In Vermont Statutes Title 12 Sec. 3020

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Juror: A person who is on the jury.
  • Municipality: shall include a city, town, town school district, incorporated school or fire district or incorporated village, and all other governmental incorporated units. 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
  • Trustee: A person or institution holding and administering property in trust.

§ 3020. Exemptions from trustee process generally

The following named bodies corporate and persons shall not be liable or chargeable on trustee process:

(1) A fire insurance company on account of a sum due from such company to the defendant in consequence of loss by fire of property exempt from attachment and execution;

(2) A life insurance company by reason of having in its hands money not exceeding $500.00 due or payable under a policy of life insurance;

(3) A person having in his or her hands monies due or belonging to the debtor, as his or her debenture as a member or officer of the General Assembly or as a petit or grand juror attending Superior Court;

(4) A member of the General Assembly or officer of the State required to attend upon the General Assembly or to report thereto, upon a contract, express or implied, for board and lodging furnished to him or her by the principal debtor while attending the session of the General Assembly;

(5) [Repealed.]

(6) A person indebted for the services of a minor or married woman in an action against the parent of such minor or the husband of such married woman;

(7) A corporation by reason of any money due from it to a person residing outside the State for services rendered outside the State, provided a like sum of money so due would be exempt from attachment by trustee process in the state where such person resides.

(8) A person or corporation having in his, her, or its possession any goods, effects, or credits of a municipality, in any action or suit against such municipality as principal debtor or defendant. (Amended 1966, No. 8 (Sp. Sess.); 1969, No. 87, eff. April 18, 1969; 1971, No. 185 (Adj. Sess.), § 237, eff. March 29, 1972; 1973, No. 193 (Adj. Sess.), § 3, eff. April 9, 1974.)