Vermont § 2151 - Nature and form of assignment An assignment of property, including choses in action, by a debtor for the benefit of creditors shall be in writing and signed by the debtor
Full text of Vermont Vermont Statutes Online § 2151 — Nature and form of assignment An assignment of property, including choses in action, by a debtor for the benefit of creditors shall be in writing and signed by the debtor, with citation guidance and answers to common questions.
§ 2151. Nature and form of assignment An assignment of property, including choses in action, by a debtor for the benefit of creditors shall be in writing and signed by the debtor
- . If real estate is assigned,
it shall be by deed, executed and recorded in the same manner as a conveyance of real
estate. Such assignment shall be for the benefit of all the creditors of the assignor
in proportion to their respective claims. An assignment shall not be valid against
a creditor of the assignor if the assignee is a creditor or interested in the provisions
of the assignment.
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 2151
What does Vermont Statutes Online § 2151 cover?
Section 2151 ("Nature and form of assignment An assignment of property, including choses in action, by a debtor for the benefit of creditors shall be in writing and signed by the debtor") 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 § 2151?
A common citation format is "Vermont Statutes Online § 2151" (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 § 2151 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.