# 27 V.S.A. § 1463: When other tax-deferred account presumed abandoned

> Vermont · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1463

## Section

- **Citation:** 27 V.S.A. § 1463
- **Heading:** When other tax-deferred account presumed abandoned
- **Jurisdiction:** Vermont
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** VT Code / Title 27 / Chapter 18 / Section 1463

## Text

Subject to section 1469 of this title and except for property described in section 1462 of this title and property held in a plan described in 26 U.S.C. § 529A, as may be amended, property held in an account or plan, including a health savings account, that qualifies for tax deferral under the income tax laws of the United States is presumed abandoned if it is unclaimed by the apparent owner three years after the earlier of:

(1) the date, if determinable by the holder, specified in the income tax laws and regulations of the United States by which distribution of the property must begin to avoid a tax penalty, with no distribution having been made; or

(2) 30 years after the date the account was opened.

## Nearby sections

- [27 V.S.A. § 1451 § 1451. Short title](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1451.md)
- [27 V.S.A. § 1452 § 1452. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1452.md)
- [27 V.S.A. § 1453 § 1453. Inapplicability to foreign transaction](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1453.md)
- [27 V.S.A. § 1454 § 1454. Rulemaking](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1454.md)
- [27 V.S.A. § 1461 § 1461. When property presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1461.md)
- [27 V.S.A. § 1462 § 1462. When tax-deferred retirement account presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1462.md)
- [27 V.S.A. § 1463 § 1463. When other tax-deferred account presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1463.md)
- [27 V.S.A. § 1464 § 1464. When custodial account for minor presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1464.md)
- [27 V.S.A. § 1465 § 1465. When contents of safe-deposit box presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1465.md)
- [27 V.S.A. § 1466 § 1466. When stored-value card presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1466.md)
- [27 V.S.A. § 1467 § 1467. When security presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1467.md)
- [27 V.S.A. § 1468 § 1468. When related property presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1468.md)
- [27 V.S.A. § 1469 § 1469. Indication of apparent owner interest in property](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1469.md)
- [27 V.S.A. § 1470 § 1470. Knowledge of death of insured or annuitant](https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1470.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VT_T27_C18_S1463. Check the current official text before relying on it. Not legal advice.