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
001
:
APPLICABILITY OF CHAPTER; PAYMENTS RESTRAINED TO PRESERVE ASSETS OR PROTECT DEPOSITORS
(Cite as: 8 V.S.A. § 19102)
-
§ 19102. Governor’s proclamation
Whenever it appears to the Governor that the public welfare and the equal protection
of depositors in Vermont financial institutions doing business in this State require
it, he or she may proclaim such bank holidays as in his or her judgment are necessary.
Those holidays, except as otherwise provided in the proclamation, shall not be considered
as business days for the transaction of all banking business, including the demand
or payment of deposits, and shall have the incidents of a legal holiday for the purposes
specified in 9A V.S.A. Article 3. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)