Vermont Statutes Title 12 Sec. 3128
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Terms Used In Vermont Statutes Title 12 Sec. 3128
- Contract: A legal written agreement that becomes binding when signed.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Personal property: All property that is not real property.
- Trustee: A person or institution holding and administering property in trust.
§ 3128. Disposal of property by trustee before payment or tender
The provisions of this chapter shall not prevent the trustee from selling personal property in his or her hands for the payment of the demand for which it is mortgaged, pledged, or otherwise liable, before the amount due him or her is paid or tendered, as before provided, if such sale is authorized by the terms of the contract between him or her and the defendant.