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 204: Powers of Financial Institutions
- Subchapter 001: General Powers
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§ 14101. Applicability of chapter
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§ 14102. General organizational powers
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§ 14103. Advertising; doing business or using name unlawfully
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§ 14104. Capital or surplus requirements
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§ 14105. Participation in public agencies
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§ 14106. Expanded powers of Vermont financial institutions
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§ 14107. Investments
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§ 14108. Prohibited mergers and acquisitions
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§ 14109. Prohibited management interlocks
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§ 14110. Duties of executive officers, directors, and persons who control principal equity interests in financial institutions; officers may not receive fees
- Subchapter 002: Deposits in General
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§ 14201. Deposit powers
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§ 14202. Payment of deposits to administrators from another state or country
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§ 14203. Trust deposits; payment on death of trustee
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§ 14204. Joint deposits
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§ 14205. Payable on death accounts
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§ 14206. Deposits of minors; exemption from trustee process
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§ 14207. Provisions when title to deposit is litigated
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§ 14208. Security for deposits
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§ 14209. Examination of accounts
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§ 14210. Real estate trust and escrow
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§ 14211. Claims not clearly consistent
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§ 14212. Joint fiduciary accounts
- Subchapter 003: Loans
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§ 14301. Loan authority
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§ 14302. Real estate loans
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§ 14303. Bank credit cards
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§ 14304. Card holder represented by legal counsel
- Subchapter 004: Trust Powers
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§ 14401. Types of trust functions
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§ 14402. National financial institutions; state financial institutions
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§ 14403. Approval of Commissioner
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§ 14404. Security
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§ 14405. Powers and duties of officers
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§ 14406. Segregation of trust funds; exception
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§ 14407. Collective investment funds
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§ 14408. Registration and sale of securities
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§ 14409. Disposition of securities upon court order; liability for acts of nominee
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§ 14410. Fiduciary investments
- Subchapter 005: Safe Deposit Boxes
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§ 14501. Failure to pay rent; removal of contents