§ 6001a - Public auctions - Vermont Statutes

§ 6001a. Public auctions TITLE 10Conservation and DevelopmentPART VLand Use and DevelopmentCHAPTER 151. STATE LAND USE AND DEVELOPMENT PLANSSubchapter I. General Provisions

§ 6001a. Public auctions

As used in this chapter "development" shall also mean the sale of any interest in a tract or tracts of land, owned or controlled by a person, which have been partitioned or divided for the purpose of resale into five or more separate parcels of any size within a radius of five miles of any point on any such parcel, and within any period of ten years, by public auction; and "public auction" means any auction advertised or publicized in any manner, or to which more than ten persons have been invited. However, if the sales described under this section are of interests that, when sold by means other than public auction, are exempt from the provisions of this chapter under the provisions of subsection 6081(b) of this title, the fact that these interests are sold by means of a public auction shall not, in itself, create a requirement for a permit under this chapter. (Added 1973, No. 256 (Adj. Sess.), eff. April 11, 1974; amended 1991, No. 111, § 4, eff. June 28, 1991.)