Vermont § 4032 - When property is limited liability company property
Full text of Vermont Vermont Statutes Online § 4032 — When property is limited liability company property, with citation guidance and answers to common questions.
§ 4032. When property is limited liability company property
- (a) Property is limited liability company property if acquired in the name of: (1) the limited liability company; or (2) one or more members with an indication in the instrument transferring title to the
property of the person’s capacity as a member or of the existence of a limited liability
company, but without an indication of the name of the limited liability company. (b) Property is presumed to be limited liability company property if purchased with limited
liability company assets, even if not acquired in the name of the limited liability
company or of one or more members with an indication in the instrument transferring
title to the property of the person’s capacity as a member or of the existence of
a limited liability company. (c) Property acquired in the name of one or more of the members, without an indication
in the instrument transferring title to the property of the person’s capacity as a
member or of the existence of a limited liability company and without use of limited
liability company assets, is presumed to be separate property, even if used for limited
liability company purposes. (Added 2015, No. 17, § 2.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 4032
What does Vermont Statutes Online § 4032 cover?
Section 4032 ("When property is limited liability company property") 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 § 4032?
A common citation format is "Vermont Statutes Online § 4032" (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 § 4032 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.