Vermont § 1502 - Contents of notice by holder

§ 1502. Contents of notice by holder

• (a) Notice under section 1501 of this title must contain a heading that reads substantially as follows: “Notice. The State of
  Vermont requires us to notify you that your property may be transferred to the custody
  of the State Treasurer if you do not contact us before (insert date that is 30 days
  after the date of this notice).”. (b) The notice under section 1501 of this title must: (1) identify the nature and, except for property that does not have a fixed value, the
  value of the property that is the subject of the notice; (2) state that the property will be turned over to the Administrator; (3) state that after the property is turned over to the Administrator an apparent owner
  that seeks return of the property must file a claim with the Administrator; (4) state that property that is not legal tender of the United States may be sold by the
  Administrator; and (5) provide instructions that the apparent owner must follow to prevent the holder from
  reporting and paying or delivering the property to the Administrator. (Added 2019, No. 93 (Adj. Sess.), § 2, eff. Jan. 1, 2021.)