Vermont Statutes Title 12 Sec. 3152
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Terms Used In Vermont Statutes Title 12 Sec. 3152
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Writ: A formal written command, issued from the court, requiring the performance of a specific act.
§ 3152. Mortgagee may file bond and release property
When such action is pending in such a court, the trustees shall be discharged and the attachment dissolved if the mortgagee, in the manner provided in section 3151 of this title, files a bond in a sum equal to the amount for which attachment is directed in the writ, with sufficient sureties approved by such clerk or judge, conditioned that he or she will pay the judgment that may be rendered against him or her.