Vermont Statutes Title 5 Sec. 3533
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Terms Used In Vermont Statutes Title 5 Sec. 3533
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
§ 3533. Deposit of damages; sum invested
On the deposit of the damages under the order of a Superior judge, the title to the land shall vest in the corporation, subject to the right of appeal as in other cases. If the sum so deposited remains for six months undemanded, a Superior judge may order the same invested for the benefit of those interested.