Vermont § 5308 - Custodian of funds; bond

§ 5308. Custodian of funds; bond

• When such funds are not deposited with a bank chartered by the State or a national
  bank, the custodian or depositary thereof, unless otherwise directed by the terms
  of the trust or other provisions of this chapter, shall be the treasurer of the agency
  owning, operating, or controlling the cemetery in which lots or burial spaces are
  sold, or in which mausoleums or columbariums are located, who shall furnish and file
  with such agency, at its expense, a good and sufficient bond or bonds with surety
  or sureties approved by the Probate Division of the Superior Court, indemnifying and
  securing such agency against loss occasioned by the failure of the treasurer to properly
  protect, preserve, and administer such funds under the treasurer’s control