§ 115. Effect of payment of awards
Upon the payment or deposit of the amounts awarded by the Commission, with interest, in accordance with its order, the petitioner shall be the owner of the property or right described in the findings. However, when an appeal is taken as provided in section 112 of this title, such ownership shall be an equitable title only with right of possession until the judgment of the Superior Court is complied with. (Amended 1959, No. 329 (Adj. Sess.), § 39(b), eff. March 1, 1961; 1973, No. 193 (Adj. Sess.), § 3, eff. April 9, 1974.)
Structure Vermont Statutes
Chapter 3 - Public Service Corporations, Other Than Railroads; Formation, Financing, Eminent Domain
§ 101. Corporations subject to Commission; formation
§ 102. Petition; hearing; certificate
§ 103. Transmission to Secretary of State; record; effect
§ 104. Amendment of articles, certificate by Commission
§ 105. Payment for stock with property; approved by Commission
§ 106. Ownership of stock in other corporations
§ 107. Acquisition of control of one utility company by another; supervision
§ 108. Issue of bonds or other securities
§ 109. Sales and leases; hearings
§ 110. Eminent domain; companies authorized
§ 110a. Inclusion of communications facilities
§ 111. Petition; notice of hearing
§ 111a. Preexisting utility lines
§ 112. Findings; dams; assessment of damages; jury trial
§ 113. Compensation; where party cannot be found
§ 115. Effect of payment of awards
§ 117. Rights acquired and not used
§ 118. Taking burial grounds; condemnation
§ 122. Headstones or monuments erected
§ 126. Saving clause; corporations formed before April 2, 1915