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Current as of January 01, 2024 | Updated by Findlaw Staff
The mortgage may be discharged by the administrator or trustee in the manner provided by law for the discharge of a mortgage by a mortgagee. The discharge shall have the same effect as though made by the mortgagee or assignee when living. An administrator or trustee appointed for such purpose shall have no authority relative to the estate of which the administrator or trustee is appointed, other than as provided in this section. The judge, in the judge's discretion, may require the administrator or trustee to give bonds as in the judge's opinion the circumstances of the case require.
Cite this article: FindLaw.com - Vermont Statutes Title 27. Property, § 468. Manner of discharge by trustee or administrator - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-27-property/vt-st-tit-27-sect-468/
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