Scope — Vermont Code § 1403
Vermont Code § 1403 — Scope. Reproduced from the official Vermont Statutes Online, with a citation summary, verification link, and related provisions.
§ 1403. Scope
- (a) Except as otherwise provided in subsections (b) and (c) of this section, this chapter
applies to an express trust that is irrevocable or revocable by the settlor only with
the consent of the trustee or a person holding an adverse interest. (b) This chapter does not apply to a trust held solely for charitable purposes. (c) Subject to section 1415 of this title, a trust instrument may restrict or prohibit exercise of the decanting power. (d) This chapter does not limit the power of a trustee, powerholder, or other person to
distribute or appoint property in further trust or to modify a trust under the trust
instrument, law of this State other than this chapter, common law, a court order,
or a nonjudicial settlement agreement. (e) This chapter does not affect the ability of a settlor to provide in a trust instrument
for the distribution of the trust property or appointment in further trust of the
trust property or for modification of the trust instrument. (Added 2023, No. 177 (Adj. Sess.), § 1, eff. July 1, 2024.)
Source: official Vermont text · Last verified 2026-08-27
At a glance
- Citation: Vermont Statutes Online § 1403
- Jurisdiction: Vermont
- Code: Vermont Statutes Online
- Subject: Scope
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Vermont Statutes Online. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Vermont attorney.
Common questions
What is the source of Vermont Statutes Online § 1403?
The text above is transcribed from the Vermont Statutes Online, the codified statutes of Vermont. The official publisher link appears under "Verify the text" on this page.
What subject does Vermont Statutes Online § 1403 address?
It addresses "Scope". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Vermont Statutes Online § 1403 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Vermont source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Vermont law to your facts requires a licensed Vermont attorney who can review the specifics.