Vermont Corporate Protections
Charging Order Protections
Under Vermont’s Limited Partnership Act, a judgment creditor may seek to charge the debtor-partner’s partnership interest with payment of any unsatisfied amount with interest. To the extent charged, the judgment creditor has the rights of an assignee of the debtor-partner’s partnership interest. To view this section of the Act, click here. Under Vermont’s Partnership Act, a judgment creditor, may, as his/her exclusive remedy charge the debtor-partner’s partnership interest with payment of any unsatisfied debt with interest. The charging order constitutes a lien on the debtor-partner’s transferable partnership interest. To view this section of the Act, click here.
Vermont Business Acts
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