§ 2075. Penalties
§ 2075. Penalties A person who violates section 2072, 2073, or 2074 of this title shall be fined not more than double the value of the collateral so wrongfully removed from the State, sold, concealed, pledged, mortgaged, or exchanged, and half the fine shall be paid to the party injured. (Added 1966, No. 29 (Sp. […]
§ 2076. Statutory construction
§ 2076. Statutory construction Statutes using the words “pledge,” “mortgage,” “conditional sale,” “lien,” “assignment,” and like terms in referring to a security interest in personal property shall also apply to a corresponding type of security interest under 9A V.S.A. §§ 1—101 et seq. and sections 2051-2057, 2061-2066, 2071-2076 of this title. (Added 1966, No. 29 […]
§ 2063. Issue of duplicate warehouse receipts not so marked
§ 2063. Issue of duplicate warehouse receipts not so marked A warehouseman, or any officer, agent, or servant of a warehouseman, who issues or aids in issuing a duplicate or additional negotiable warehouse receipt for goods knowing that a former negotiable warehouse receipt for the same goods or any part of them is outstanding and […]
§ 2064. Issue for warehouseman’s goods of warehouse receipts that do not state his or her ownership
§ 2064. Issue for warehouseman’s goods of warehouse receipts that do not state his or her ownership Where there are deposited with or held by a warehouseman goods of which he or she is owner, either solely or jointly or in common with others, the warehouseman, or any of his or her officers, agents, or […]
§ 2065. Delivery of goods without obtaining negotiable warehouse receipt
§ 2065. Delivery of goods without obtaining negotiable warehouse receipt A warehouseman, or any officer, agent, or servant of a warehouseman, who delivers goods out of the possession of the warehouseman, knowing that a negotiable warehouse receipt, the negotiation of which would transfer the right to the possession of such goods, is outstanding and uncancelled, […]
§ 2066. Negotiation of warehouse receipt for goods subject to a security interest
§ 2066. Negotiation of warehouse receipt for goods subject to a security interest A person who deposits goods to which he or she has not title or in which there is a security interest, and who takes for the goods a negotiable warehouse receipt which he or she afterwards negotiates for value with intent to […]
§ 2071. Penalty for failure to discharge security agreement
§ 2071. Penalty for failure to discharge security agreement When the condition of a security agreement has been fulfilled, within 30 days thereafter, the secured party shall cause the security agreement to be discharged of record. A person who neglects or refuses so to do shall be fined not more than $50.00 nor less than […]
§ 2072. Removal of collateral from the State
§ 2072. Removal of collateral from the State No person may, with intent to defraud or to deprive a secured party or debtor of his or her legal rights or remedies, remove collateral from the State, or conceal or aid in concealing it. (Added 1966, No. 29 (Sp. Sess.), § 20.)
§ 2073. Sale of collateral
§ 2073. Sale of collateral A debtor shall not sell, pledge, or exchange collateral without the consent of the secured party in writing recorded in the office where the security agreement is recorded or upon the back of the security agreement, and, in either case, on the margin of the record thereof in the office […]
§ 2074. Prior security interest to be set forth in subsequent security agreement
§ 2074. Prior security interest to be set forth in subsequent security agreement A debtor shall not execute a second or subsequent security agreement covering collateral that is the subject of a previously existing security agreement made by the debtor unless the existence of the previous security agreement is set forth in the subsequent security […]