Vermont § 1501 - Notice to apparent owner by holder
Full text of Vermont Vermont Statutes Online § 1501 — Notice to apparent owner by holder, with citation guidance and answers to common questions.
§ 1501. Notice to apparent owner by holder
- (a) Subject to subsection (b) of this section, the holder of property presumed abandoned
shall send to the apparent owner notice by first-class U.S. mail that complies with
section 1502 of this title in a format acceptable to the Administrator not more than 180 days nor less than
60 days before filing the report under section 1491 of this title if: (1) the holder has in its records an address for the apparent owner that the holder’s
records do not disclose to be invalid and is sufficient to direct the delivery of
first-class U.S. mail to the apparent owner; and (2) the value of the property is $50.00 or more. (b) If an apparent owner has consented to receive electronic-mail delivery from the holder,
the holder shall send the notice described in subsection (a) of this section both
by first-class U.S. mail to the apparent owner’s last-known mailing address and by
electronic mail, unless the holder believes that the apparent owner’s electronic-mail
address is invalid. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 1501
What does Vermont Statutes Online § 1501 cover?
Section 1501 ("Notice to apparent owner by holder") 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 § 1501?
A common citation format is "Vermont Statutes Online § 1501" (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 § 1501 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.