The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 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.
Title 8 : Banking and Insurance
Chapter 209 : Conservation, Liquidation, and Insolvency
Subchapter 002 : Financial Institution Conservators
(Cite as: 8 V.S.A. § 19209)-
§ 19209. Termination of conservatorship
If the Commissioner becomes satisfied that it may safely be done and that it would be in the public interest, in the Commissioner’s discretion, the Commissioner may terminate the conservatorship and permit the financial institution to resume the transaction of its business subject to such terms, conditions, restrictions, and limitations as the Commissioner may prescribe. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)
