The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
004
:
AUTHORIZED DELEGATES OF MONEY TRANSMITTERS
(Cite as: 8 V.S.A. § 2526)
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§ 2526. Unauthorized activities
A person shall not engage in the business of money transmission on behalf of a person
not licensed under subchapter 2 of this chapter or not exempt pursuant to subchapter
1 of this chapter. A person that engages in such activity provides money transmission
to the same extent as if the person were a licensee and shall be jointly and severally
liable with the unlicensed or nonexempt person. (Added 2023, No. 110 (Adj. Sess.), § 42, eff. July 1, 2024.)