Vermont § 1058 - Not to gain or lose by increase or decrease in value An executor or administrator shall not profit by the increase, nor suffer loss by the decrease or destruction, without the fiduciary’s fault, of any part of the estate
Full text of Vermont Vermont Statutes Online § 1058 — Not to gain or lose by increase or decrease in value An executor or administrator shall not profit by the increase, nor suffer loss by the decrease or destruction, without the fiduciary’s fault, of any part of the estate, with citation guidance and answers to common questions.
§ 1058. Not to gain or lose by increase or decrease in value An executor or administrator shall not profit by the increase, nor suffer loss by the decrease or destruction, without the fiduciary’s fault, of any part of the estate
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The executor or administrator shall account for any gain or loss incurred when any
property is sold for more or less than the inventory value. (Amended 2017, No. 195 (Adj. Sess.), § 6.)
Frequently Asked Questions About Vermont § 1058
What does Vermont Statutes Online § 1058 cover?
Section 1058 ("Not to gain or lose by increase or decrease in value An executor or administrator shall not profit by the increase, nor suffer loss by the decrease or destruction, without the fiduciary’s fault, of any part of the estate") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 1058?
A common citation format is "Vermont Statutes Online § 1058" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 1058 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.