The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 8: Banking and Insurance
Chapter 203: Organization and Management of Mutual and Cooperative Financial Institutions
- Subchapter 001: Organization and Commencing Business
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§ 13101. Application to organize
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§ 13102. Issuance of certificate of general good; refusal to issue certificate of general good
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§ 13103. Requirements to commence business; minimum initial capital contribution deposits; examination; certificate of authority
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§ 13104. Submission to Secretary of State
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§ 13105. Payment of capital deposits
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§ 13106. Certificate to commence business
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§ 13107. Failure to commence business
- Subchapter 002: Organizational Finance
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§ 13201. Initial capital deposits; capital reserves
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§ 13202. Return of initial capital deposit
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§ 13203. Capital notes or debentures as capital reserve
- Subchapter 003: Corporators and Members
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§ 13301. Corporators of mutual financial institutions
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§ 13302. Members of a cooperative financial institution; qualifications and voting rights
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§ 13303. Powers and duties of corporators and members
- Subchapter 004: Governing Body
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§ 13401. Directors: number, election, qualifications, and term
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§ 13402. Meetings of the governing body
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§ 13403. Powers and duties of the governing body
- Subchapter 005: Officers and Employees
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§ 13501. Officers
- Subchapter 006: Voluntary Dissolution
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§ 13601. Voluntary dissolution; procedure; criteria
