Vermont Statutes Title 16 Sec. 2801
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Terms Used In Vermont Statutes Title 16 Sec. 2801
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Personal property: All property that is not real property.
- 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
§ 2801. Gifts
The trustees of the University of Vermont and State Agricultural College may accept any gift of money or real or personal property from any source whatever and grants in aid from the federal government to assist in carrying out the purposes of this chapter. (Added 1966, No. 23 (Sp. Sess.), § 4, eff. March 10, 1966.)