The Vermont Statutes Online

Title 8: Banking and Insurance

Chapter 079: Money Services

• Subchapter 001: GENERAL PROVISIONS
•    § 2500. Purpose

•    § 2501. Transition period

•    § 2502. Relationship to federal law

•    § 2503. Definitions

•    § 2504. Exemptions

•    § 2504a. Authority to require demonstration of exemption

• Subchapter 002: MONEY TRANSMISSION LICENSES
•    § 2505. License required

•    § 2506. Application for license; additional information

•    § 2507. Money transmission kiosk registration

• Subchapter 003: CHECK CASHING AND CURRENCY EXCHANGE LICENSES
•    § 2515. Check cashing and currency exchange license required

•    § 2516. Application for license; additional information

•    § 2517. Repealed. 2019, No. 20, § 47.

•    § 2518. Repealed. 2019, No. 20, § 48.

•    § 2519. Activities of check cashers and currency exchanges

•    § 2520. Applicability of subchapters

• Subchapter 004: AUTHORIZED DELEGATES OF MONEY TRANSMITTERS
•    § 2525. Relationship between licensee and authorized delegate

•    § 2526. Unauthorized activities

•    § 2527. Termination or suspension of authorized delegate activity

•    § 2528. Private actions against authorized delegates

• Subchapter 005: REPORTING AND RECORDS FOR MONEY TRANSMITTERS
•    § 2530. Report of condition

•    § 2531. Audited financials

•    § 2532. Authorized delegate reporting

•    § 2533. Change of authorized delegate

•    § 2534. Money laundering reports

• Subchapter 006: PRUDENTIAL STANDARDS FOR MONEY TRANSMITTERS
•    § 2540. Net worth

•    § 2541. Security

•    § 2542. Maintenance of permissible investments

•    § 2543. Types of permissible investments

• Subchapter 007: REQUIREMENTS FOR MONEY SERVICERS
•    § 2545. Change of location

•    § 2546. Records

• Subchapter 008: CONSERVATION, LIQUIDATION, AND INSOLVENCY
•    § 2555. Conservation, liquidation, and insolvency

• Subchapter 009: TIMELY TRANSMISSION, REFUNDS, AND DISCLOSURES BY MONEY TRANSMITTERS
•    § 2560. Timely transmission

•    § 2561. Refunds

•    § 2562. Receipts

•    § 2563. Notice

•    § 2564. Disclosure for payroll processing services

• Subchapter 010: VIRTUAL CURRENCY
•    § 2571. Definitions

•    § 2572. Exemptions

•    § 2573. Conditions precedent to engaging in virtual-currency business activity

•    § 2574. Required disclosures

•    § 2575. Property interests and entitlements to virtual currency

•    § 2576. Additional requirements and clarifications for virtual-currency business activities

•    § 2577. Virtual-currency kiosk operators

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