Vermont § 714 - Disposition of proceeds
Full text of Vermont Vermont Statutes Online § 714 — Disposition of proceeds, with citation guidance and answers to common questions.
§ 714. Disposition of proceeds
- (a) The sheriff or constable selling such property upon such execution, after deducting
his or her lawful fees, shall pay the proceeds to the clerk of such court, who shall
disburse such proceeds to the petitioner or other persons entitled to the same pursuant
to the terms of such order. (b) If the terms of such order are not fully satisfied by the proceeds so disbursed, the
lien upon such property or stock shall attach to the balance of such proceeds. Such
proceeds shall be retained by the clerk of such court or deposited in some savings
bank, trust company, or other banking institution in this State to the credit of such
clerk in such manner as shall be directed in such order of sale. (c) From time to time, out of the proceeds so deposited or held by him or her, the clerk
shall thereafterwards pay to such petitioner or other persons designated in such order,
such amount as, from time to time, shall become due by the terms thereof, unless the
person against whom such order is made shall deposit with the clerk other funds to
carry out the terms of such order. (d) When the terms of such order have been fully and finally complied with, all of such
proceeds in the hands of the clerk or deposited as shall be paid to the party against
whom such order is made.
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 714
What does Vermont Statutes Online § 714 cover?
Section 714 ("Disposition of proceeds") 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 § 714?
A common citation format is "Vermont Statutes Online § 714" (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 § 714 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.