reglab/housing_qa huggingface dataset:
27 V.S.A. § 1464
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1464. When custodial account for minor presumed abandoned

§ 1464. When custodial account for minor presumed abandoned|(a) Subject to section 1469 of this title, property held in an account established under a state's Uniform Gifts to Minors Act or Uniform Transfers to Minors Act is presumed abandoned if it is unclaimed by or on behalf of the minor on whose behalf the account was opened three years after the later of:  (1) except as in subdivision (2) of this subsection, the date a second consecutive communication sent by the holder by first-class U.S. mail to the custodian of the minor on whose behalf the account was opened is returned undelivered to the holder by the U.S. Postal Service; (2) if the second communication is sent later than 30 days after the date the first communication is returned undelivered, the date the first communication was returned undelivered; or (3) the date on which the custodian is required to transfer the property to the minor or the minor's estate in accordance with the Uniform Gifts to Minors Act or Uniform Transfers to Minors Act of the state in which the account was opened.   (b) If the holder does not send communications to the custodian of the minor on whose behalf an account described in subsection (a) of this section was opened by first-class U.S. mail, the holder shall attempt to confirm the custodian's interest in the property by sending the custodian an electronic-mail communication not later than two years after the custodian's last indication of interest in the property. However, the holder promptly shall attempt to contact the custodian by first-class U.S. mail if:  (1) the holder does not have information needed to send the custodian an electronic-mail communication or the holder believes that the custodian's electronic-mail address in the holder's records is not valid; (2) the holder receives notification that the electronic-mail communication was not received; or (3) the custodian does not respond to the electronic-mail communication not later than 30 days after the communication was sent.   (c) If first-class U.S. mail sent under subsection (b) of this section is returned undelivered to the holder by the U.S. Postal Service, the property is presumed abandoned three years after the later of:  (1) the date a second consecutive communication to contact the custodian by first-class U.S. mail is returned to the holder undelivered by the U.S. Postal Service; or (2) the date established by subdivision (a)(3) of this section.   (d) When the property in the account described in subsection (a) of this section is transferred to the minor on whose behalf an account was opened or to the minor's estate, the property in the account is no longer subject to this section. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1465
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1465. When contents of safe-deposit box presumed abandoned

§ 1465. When contents of safe-deposit box presumed abandoned|Tangible property held in a safe-deposit box and proceeds from a sale of the property by the holder permitted by law of this State other than this chapter are presumed abandoned if the property remains unclaimed by the apparent owner five years after the earlier of the:  (1) expiration of the lease or rental period for the box; or (2) earliest date when the lessor of the box is authorized by law of this State other than this chapter to enter the box and remove or dispose of the contents without consent or authorization of the lessee. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1466
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1466. When stored-value card presumed abandoned

§ 1466. When stored-value card presumed abandoned|(a) Subject to section 1469 of this title, the net card value of a stored-value card, other than a payroll card, is presumed abandoned on the latest of three years after:  (1) December 31 of the year in which the card is issued or additional funds are deposited into it; (2) the most recent indication of interest in the card by the apparent owner; or (3) a verification or review of the balance by or on behalf of the apparent owner.   (b) The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1467
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1467. When security presumed abandoned

§ 1467. When security presumed abandoned|(a) Subject to section 1469 of this title, a security is presumed abandoned three years after:  (1) the date a second consecutive communication sent by the holder by first-class U.S. mail to the apparent owner is returned to the holder undelivered by the U.S. Postal Service; or (2) if the second communication is made later than 30 days after the first communication is returned, the date the first communication is returned undelivered to the holder by the U.S. Postal Service.   (b) If the holder does not send communications to the apparent owner of a security by first-class U.S. mail, the holder shall attempt to confirm the apparent owner's interest in the security by sending the apparent owner an electronic-mail communication not later than two years after the apparent owner's last indication of interest in the security. However, the holder promptly shall attempt to contact the apparent owner by first-class U.S. mail if:  (1) the holder does not have information needed to send the apparent owner an electronic-mail communication or the holder believes that the apparent owner's electronic-mail address in the holder's records is not valid; (2) the holder receives notification that the electronic-mail communication was not received; or (3) the apparent owner does not respond to the electronic-mail communication not later than 30 days after the communication was sent.   (c) If first-class U.S. mail sent under subsection (b) of this section is returned to the holder undelivered by the U.S. Postal Service, the security is presumed abandoned three years after the date the mail is returned. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1468
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1468. When related property presumed abandoned

§ 1468. When related property presumed abandoned|At and after the time property is presumed abandoned under this chapter, any other property right or interest accrued or accruing from the property and not previously presumed abandoned is also presumed abandoned. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1471
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1471. Deposit account for proceeds of insurance policy or annuity contract

§ 1471. Deposit account for proceeds of insurance policy or annuity contract|If proceeds payable under a life or endowment insurance policy or annuity contract are deposited into an account with check or draft-writing privileges for the beneficiary of the policy or contract and, under a supplementary contract not involving annuity benefits other than death benefits, the proceeds are retained by the insurance company or the financial organization where the account is held, the policy or contract includes the assets in the account. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1473
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1473. When abandonment period is accelerated

§ 1473. When abandonment period is accelerated|Notwithstanding sections 1461 through 1469 of this title, and subject to section 1469 of this title:  (1) If the holder has imposed a charge against property for reason of owner inactivity or the failure of the owner to claim the property within a specified period of time, and the abandonment period for the property as specified in sections 1461 through 1469 of this chapter is greater than two years, the property shall instead be presumed abandoned two years from the date of the owner's last indication of interest in the property. (2) A deceased owner cannot indicate interest in his or her property. If the holder has reason to believe that the owner's deceased, and the abandonment period for the owner's property in sections 1461 through 1469 of this title is greater than two years, the property shall instead be presumed abandoned two years from the date of the owner's last indication of interest in the property. If the owner's property is subject to section 1462 or 1463 of this title, the two-year presumption of abandonment shall run from the earliest of the date of distribution or attempted distribution of the property, the date of the required distribution as stated in the plan or trust agreement governing the plan, or the date, if determinable by the holder, specified in the income tax laws of the United States by which distribution of the property must begin in order to avoid a tax penalty. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1481
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1481. Address of apparent owner to establish priority

§ 1481. Address of apparent owner to establish priority|In this subchapter, the following rules apply:  (1) The last-known address of an apparent owner is any description, code, or other indication of the location of the apparent owner that identifies the state, even if the description, code, or indication of location is not sufficient to direct the delivery of first-class U.S. mail to the apparent owner. (2) If the U.S. postal zip code associated with the apparent owner is for a post office located in this State, this State is deemed to be the state of the last-known address of the apparent owner unless other records associated with the apparent owner specifically identify the physical address of the apparent owner to be in another state. (3) If the address under subdivision (2) of this section is in another state, the other state is deemed to be the state of the last-known address of the apparent owner. (4) The address of the apparent owner of a life or endowment insurance policy or annuity contract or its proceeds is presumed to be the address of the insured or annuitant if a person other than the insured or annuitant is entitled to the amount owed under the policy or contract and the address of the other person is not known by the insurance company and cannot be determined under section 1482 of this title. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1482
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1482. Address of apparent owner in this State

§ 1482. Address of apparent owner in this State|The Administrator may take custody of property that is presumed abandoned, whether located in this State, another state, or a foreign country if:  (1) the last-known address of the apparent owner in the records of the holder is in this State; or (2) the records of the holder do not reflect the identity or last-known address of the apparent owner, but the Administrator has determined that the last-known address of the apparent owner is in this State. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1483
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1483. If records show multiple addresses of apparent owner

§ 1483. If records show multiple addresses of apparent owner|(a) Except as in subsection (b) of this section, if records of a holder reflect multiple addresses for an apparent owner and this State is the state of the most recently recorded address, this State may take custody of property presumed abandoned, whether located in this State or another state.(b) If it appears from records of the holder that the most recently recorded address of the apparent owner under subsection (a) of this section is a temporary address and this State is the state of the next most-recently recorded address that is not a temporary address, this State may take custody of the property presumed abandoned. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1484
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1484. Holder domiciled in this State

§ 1484. Holder domiciled in this State|(a) Except as in subsection (b) of this section or section 1482 or 1483 of this title, the Administrator may take custody of property presumed abandoned, whether located in this State, another state, or a foreign country, if the holder is domiciled in this State or is this State or a governmental subdivision, agency, or instrumentality of this State, and  (1) another state or foreign country is not entitled to the property because there is no last-known address of the apparent owner or other person entitled to the property in the records of the holder; or (2) the state or foreign country of the last-known address of the apparent owner or other person entitled to the property does not provide for custodial taking of the property.   (b) Property is not subject to custody of the Administrator under subsection (a) of this section if the property is specifically exempt from custodial taking under the law of this State or the state or foreign country of the last-known address of the apparent owner.(c) If a holder's state of domicile has changed since the time property was presumed abandoned, the holder's state of domicile in this section is deemed to be the state where the holder was domiciled at the time the property was presumed abandoned. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1485
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1485. Custody if transaction took place in this State

§ 1485. Custody if transaction took place in this State|Except as in section 1482, 1483, or 1484 of this title, the Administrator may take custody of property presumed abandoned whether located in this State or another state if:  (1) the transaction out of which the property arose took place in this State; (2) the holder is domiciled in a state that does not provide for the custodial taking of the property, except that if the property is specifically exempt from custodial taking under the law of the state of the holder's domicile, the property is not subject to the custody of the Administrator; and (3) the last-known address of the apparent owner or other person entitled to the property is unknown or in a state that does not provide for the custodial taking of the property, except that if the property is specifically exempt from custodial taking under the law of the state of the last-known address, the property is not subject to the custody of the Administrator. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1486
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1486. Traveler's check, money order, or similar instrument

§ 1486. Traveler's check, money order, or similar instrument|The Administrator may take custody of sums payable on a traveler's check, money order, or similar instrument presumed abandoned to the extent permissible under 12 U.S.C. §§ 2501 through 2503, as may be amended. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1487
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1487. Burden of proof to establish Administrator's right to custody

§ 1487. Burden of proof to establish Administrator's right to custody|If the Administrator asserts a right to custody of unclaimed property, the Administrator has the burden to prove:  (1) the existence and amount of the property; (2) the property is presumed abandoned; and (3) the property is subject to the custody of the Administrator. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1491
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1491. Report required by holder

§ 1491. Report required by holder|(a) A holder of property presumed abandoned and subject to the custody of the Administrator shall report in a record to the Administrator concerning the property. The Administrator may not require a holder to file a paper report.(b) A holder may contract with a third party to make the report required under subsection (a) of this section.(c) Whether or not a holder contracts with a third party under subsection (b) of this section, the holder is responsible:  (1) to the Administrator for the complete, accurate, and timely reporting of property presumed abandoned; and (2) for paying or delivering to the Administrator property described in the report. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1492
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1492. Content of report

§ 1492. Content of report|(a) The report required under section 1491 of this title must:  (1) be signed by or on behalf of the holder and verified as to its completeness and accuracy; (2) if filed electronically, be in a secure format approved by the Administrator that protects confidential information of the apparent owner in the same manner as required of the Administrator and the Administrator's agent under subchapter 14 of this chapter; (3) describe the property; (4) except for a traveler's check, money order, or similar instrument, contain the name, if known; last-known address, if known; and Social Security number or taxpayer identification number, if known or readily ascertainable, of the apparent owner of property with a value of $50.00 or more; (5) for an amount held or owing under a life or endowment insurance policy or annuity contract, contain the name and last-known address of the insured, annuitant, or other apparent owner of the policy or contract and of the beneficiary; (6) for property held in or removed from a safe-deposit box, indicate the location of the property, where it may be inspected by the Administrator, and any amounts owed to the holder under section 1516 of this title; (7) contain the commencement date for determining abandonment under subchapter 2 of this chapter; (8) state that the holder has complied with the notice requirements of section 1501 of this title; (9) identify property that is a non-freely transferable security and explain why it is a non-freely transferable security; and (10) contain other information the Administrator prescribes by rules.   (b) A report under section 1491 of this title may include in the aggregate items valued under $25.00 each. If the report includes items in the aggregate valued under $25.00 each, the Administrator may not require the holder to provide the name and address of an apparent owner of an item unless the information is necessary to verify or process a claim in progress by the apparent owner.(c) A report under section 1491 of this title may include personal information as defined in section 1611 of this title about the apparent owner or the apparent owner's property to the extent not otherwise prohibited by federal law.(d) If a holder has changed its name while holding property presumed abandoned or is a successor to another person that previously held the property for the apparent owner, the holder must include in the report under section 1491 of this title its former name or the name of the previous holder, if any, and the known name and address of each previous holder of the property. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1493
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1493. When report to be filed

§ 1493. When report to be filed|(a) Except as otherwise provided in subsection (b) of this section and subject to subsection (c) of this section, the report under section 1491 of this title must be filed before May 1 of each year and cover the 12 months preceding January 1 of that year.(b) Subject to subsection (c) of this section, the report under section 1491 of this title to be filed by an insurance company must be filed before May 1 of each year for the immediately preceding calendar year.(c) Before the date for filing the report under section 1491 of this title, the holder of property presumed abandoned may request the Administrator to extend the time for filing. The Administrator may grant an extension. If the extension is granted, the holder may pay or make a partial payment of the amount the holder estimates ultimately will be due. The payment or partial payment terminates accrual of interest on the amount paid. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1494
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1494. Retention of records by holder

§ 1494. Retention of records by holder|A holder required to file a report under section 1491 of this title shall retain records for 10 years after the later of the date the report was filed or the last date a timely report was due to be filed, unless a shorter period is provided by rule of the Administrator. The holder may satisfy the requirement to retain records under this section through an agent. The records must contain:  (1) the information required to be included in the report; (2) the date, place, and nature of the circumstances that gave rise to the property right; (3) the amount or value of the property; (4) the last address of the apparent owner, if known to the holder; and (5) if the holder sells, issues, or provides to others for sale or issue in this State traveler's checks, money orders, or similar instruments, other than third-party bank checks, on which the holder is directly liable, a record of the instruments while they remain outstanding indicating the state and date of issue. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1495
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1495. Property reportable and payable or deliverable absent owner demand

§ 1495. Property reportable and payable or deliverable absent owner demand|Property is reportable and payable or deliverable under this chapter even if the owner fails to make demand or present an instrument or document otherwise required to obtain payment. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
27 V.S.A. § 1496
2021 Vermont Statutes|Title 27 - Property|Chapter 18 - Unclaimed Property|§ 1496. Electric utility cooperatives

§ 1496. Electric utility cooperatives|(a) Electric utility cooperatives organized under or otherwise subject to 30 V.S.A. chapter 81 shall report capital credits that have been retired and declared payable by the cooperative's board of directors, but that have not been claimed by the owner in accordance with the provisions of this chapter. Electric utility cooperatives shall not pay or deliver the unclaimed capital credits to the Administrator. As used in this section, "capital credits" means those credits to a capital account of a member of an electric utility cooperative that the cooperative is obliged to pay after operating costs and expenses have been paid.(b) The Administrator shall provide notice of unclaimed capital credit properties reported by electric utilities in accordance with the provisions of section 1503 of this title. In the event of a claim for a capital credit property, the Administrator shall refer the claimant to the appropriate electric utility cooperative who shall evaluate the claim and upon provision of satisfactory proof of ownership shall pay the claimant.(c) The electric utility cooperative shall notify the Administrator of the resolution of all claims for unclaimed property. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)