The Vermont Statutes Online

Title 8: Banking and Insurance

Chapter 204: Powers of Financial Institutions

• Subchapter 001: General Powers
•    § 14101. Applicability of chapter

•    § 14102. General organizational powers

•    § 14103. Advertising; doing business or using name unlawfully

•    § 14104. Capital or surplus requirements

•    § 14105. Participation in public agencies

•    § 14106. Expanded powers of Vermont financial institutions

•    § 14107. Investments

•    § 14108. Prohibited mergers and acquisitions

•    § 14109. Prohibited management interlocks

•    § 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
•    § 14201. Deposit powers

•    § 14202. Payment of deposits to administrators from another state or country

•    § 14203. Trust deposits; payment on death of trustee

•    § 14204. Joint deposits

•    § 14205. Payable on death accounts

•    § 14206. Deposits of minors; exemption from trustee process

•    § 14207. Provisions when title to deposit is litigated

•    § 14208. Security for deposits

•    § 14209. Examination of accounts

•    § 14210. Real estate trust and escrow

•    § 14211. Claims not clearly consistent

•    § 14212. Joint fiduciary accounts

• Subchapter 003: Loans
•    § 14301. Loan authority

•    § 14302. Real estate loans

•    § 14303. Bank credit cards

•    § 14304. Card holder represented by legal counsel

• Subchapter 004: Trust Powers
•    § 14401. Types of trust functions

•    § 14402. National financial institutions; state financial institutions

•    § 14403. Approval of Commissioner

•    § 14404. Security

•    § 14405. Powers and duties of officers

•    § 14406. Segregation of trust funds; exception

•    § 14407. Collective investment funds

•    § 14408. Registration and sale of securities

•    § 14409. Disposition of securities upon court order; liability for acts of nominee

•    § 14410. Fiduciary investments

• Subchapter 005: Safe Deposit Boxes
•    § 14501. Failure to pay rent; removal of contents

Full Text of Chapter