Terms Used In Vermont Statutes > Title 12 > Chapter 123 > Subchapter 2 - Attachment of Personal Property

• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Board of directors: means the board of directors of a mutual benefit enterprise. See
• Director: means a director of a mutual benefit enterprise. See
• following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
• Lien: A claim against real or personal property in satisfaction of a debt.
• Member: means a person that is admitted as a patron member or investor member or both in a mutual benefit enterprise. See
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
• Mutual benefit enterprise: means an enterprise organized under this title. See
• Organic rules: means the articles of organization and bylaws of a mutual benefit enterprise. See
• Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
• Personal property: All property that is not real property.
• Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
• Town: shall include city and wards or precincts therein; "selectboard members" and "board of civil authority" shall extend to and include the mayor and aldermen of cities; "trustees" shall extend to and include bailiffs of incorporated villages; and the laws applicable to the inhabitants and officers of towns shall be applicable to the inhabitants and similar officers of all municipal corporations. See
• Voting power: means the total current power of members to vote on a particular matter for which a vote may or is to be taken. See
• Writ: A formal written command, issued from the court, requiring the performance of a specific act.