§ 1202. Statutes of limitations
Unless an estate is insolvent, the executor or administrator, with the consent of all heirs, devisees, and legatees, may waive any defense of limitations available to the estate. If the defense is not waived, no claim which was barred by any statute of limitations at the time of the decedent’s death shall be allowed or paid. The running of any statute of limitations measured from some event other than death and advertisement for claims against a decedent is suspended during the four months following the first publication of notice under section 1201 of this title but resumes thereafter as to claims not barred pursuant to the sections which follow. For purposes of any statute of limitations, the proper presentation of a claim under section 1204 of this title is equivalent to commencement of a proceeding on the claim. (Added 1975, No. 240 (Adj. Sess.), § 7.)
Structure Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 66 - Settlement of Claims
§ 1202. Statutes of limitations
§ 1203. Limitations on presentation of claims
§ 1204. Manner of presentation of claims
§ 1205. Classification of claims
§ 1208. Individual liability of executor or administrator
§ 1210. Claims not due and contingent or unliquidated claims
§ 1212. Execution and levies prohibited
§ 1215. Administration in more than one state; duty of executor or administrator