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
005
:
EXAMINATIONS
(Cite as: 8 V.S.A. § 11505)
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§ 11505. Cooperative and other agreements
(a) The Commissioner may enter into cooperative, coordinating, and information-sharing
agreements with any other governmental agency, the Federal Home Loan Bank, or any
organization affiliated with or representing one or more governmental agencies with
respect to the periodic examination or other supervision of any activity, branch,
agency, office, or location in this State of a state financial institution, or any
activity or branch of a Vermont financial institution located in any host state. Such
agreements may be used to resolve conflicts arising from inconsistent regulatory requirements
and to specify the manner in which any application process under section 15201 or 15202 of this title shall be coordinated.
(b) Agreements under this section may also be entered with nonbank regulatory agencies
on matters affecting financial institutions organized or doing business in this State. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001; amended 2017, No. 1, § 2, eff. Feb. 23, 2017.)