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
:
REORGANIZATION OR ESTABLISHMENT OF NEW FINANCIAL INSTITUTION
(Cite as: 8 V.S.A. § 19407)
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§ 19407. Expenses; deposits received after petition filed
The expense of operation between filing of the petition and final decree shall be
apportioned between the original assets and the new assets in such manner as the Superior
judge may deem just. The deposits received between the filing of the petition and
the final decree shall not be reduced by the decree except only to meet those expenses
of operation, if any, or losses incurred with respect to those segregated assets. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)