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Terms Used In Vermont Statutes Title 12 Sec. 3127

  • Personal property: All property that is not real property.
  • Trustee: A person or institution holding and administering property in trust.

§ 3127. Reimbursement of creditor from proceeds of sale

Personal property received by the officer under sections 3124-3126 of this title shall be sold as if it had been taken on execution in the common form, except that out of the proceeds of the sale the officer shall repay to the attaching creditor the amount paid by him or her to the trustee for keeping or redeeming the same, with interest thereon, or shall indemnify the creditor for such other act or thing as he or she has done pursuant to the order of the court for the redemption of such property.