State Codes and Statutes
Statutes > Vermont > Title-10 > Chapter-34 > 821
§ 821. Definitions
(a) "Conservation rights and interests" mean rights held by a qualified holder to restrict or condition the use, modification or subdivision of a land or water area and rights to perform, or require the performance of, specified activities with respect thereto. These rights and interests shall be for the purpose of maintaining, enhancing and conserving that land or water area, including improvements thereon, predominantly in its natural, scenic, or open condition, or in agricultural, farming, forest, wildlife or open space use, or for public recreation, or in other use or condition consistent with the purposes set forth in 10 V.S.A. § 6301.
(b) "Preservation rights and interests" mean rights held by a qualified holder to restrict or condition the use, modification or subdivision of a structure or site, and rights to perform, or require the performance of, specified activities with respect thereto. Such rights and interests shall be for the purpose of preserving, rehabilitating, or restoring a structure or site having significant historical, architectural, cultural or archaeological characteristics.
(c) "Qualified holder" and "holder," as used in this chapter, mean:
(1) a municipality, department or board of the state of Vermont;
(2) an organization qualifying under section 501(c)(3) of the Internal Revenue Code of 1986, as amended, provided one of the stated purposes of the organization is to acquire property or rights and interests in property in order to preserve historic, agricultural, forestry or open space resources;
(3) an organization qualifying under section 501(c)(2) of the Internal Revenue Code of 1986, as amended, provided that organization is controlled exclusively by an organization or organizations described in subdivision (c)(2) of this section; and
(4) the United States of America. (Added 1977, No. 221 (Adj. Sess.), § 1, eff. April 12, 1978; amended 1987, No. 200 (Adj. Sess.), § 48; 1993, No. 59, § 25b, eff. June 3, 1993.)
