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Terms Used In Vermont Statutes Title 8 Sec. 32208

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • real estate: shall include lands, tenements, and hereditaments and all rights thereto and interests therein, and pews or slips in places of public worship shall be treated as real estate. See

§ 32208. Real estate trust and escrow

The provisions of section 14210 of this title governing pooled real estate trust and escrow accounts shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (Added 2005, No. 16, § 1, eff. July 1, 2005.)