Vermont § 4035 - Tangible personal property Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:
Full text of Vermont Vermont Statutes Online § 4035 — Tangible personal property Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:, with citation guidance and answers to common questions.
§ 4035. Tangible personal property Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:
- (1) demand, buy, receive, accept as a gift or as security for an extension of credit,
or otherwise acquire or reject ownership or possession of tangible personal property
or an interest in tangible personal property; (2) sell, exchange, or convey, with or without covenants, representations, or warranties;
quitclaim; release; surrender; create a security interest in; grant options concerning;
lease; sublease; or otherwise dispose of tangible personal property or an interest
in tangible personal property; (3) grant a security interest in tangible personal property or an interest in tangible
personal property as security to borrow money or pay, renew, or extend the time of
payment of a debt of the principal or a debt guaranteed by the principal; (4) release, assign, satisfy, or enforce by litigation or otherwise a security interest,
lien, or other claim on behalf of the principal with respect to tangible personal
property or an interest in tangible personal property; (5) manage or conserve tangible personal property or an interest in tangible personal
property on behalf of the principal, including: (A) insuring against liability or casualty or other loss; (B) obtaining or regaining possession of or protecting the property or interest, by litigation
or otherwise; (C) paying, assessing, compromising, or contesting taxes or assessments or applying for
and receiving refunds in connection with taxes or assessments; (D) moving the property from place to place; (E) storing the property for hire or on a gratuitous bailment; and (F) using and making repairs, alterations, or improvements to the property; and (6) change the form of title of an interest in tangible personal property. (Added 2023, No. 60, § 1, eff
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 4035
What does Vermont Statutes Online § 4035 cover?
Section 4035 ("Tangible personal property Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:") 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 § 4035?
A common citation format is "Vermont Statutes Online § 4035" (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 § 4035 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.