Vermont Statutes Title 8 Sec. 19201
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Terms Used In Vermont Statutes Title 8 Sec. 19201
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
§ 19201. Appointment and bonding of conservators
Whenever the Commissioner deems it necessary in order to conserve the assets of a Vermont financial institution for the benefit of the depositors and other creditors thereof, the Commissioner may appoint a conservator for the financial institution and require of the conservator such bond and security as the Commissioner deems proper. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)