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Searching 2023-2024 Session

The Vermont Statutes Online


Title 8 : Banking and Insurance

Chapter 222 : POWERS

Subchapter 001 : GENERAL POWERS

(Cite as: 8 V.S.A. § 32101)
  • § 32101. Applicability of chapter

    The provisions of this chapter set forth the powers granted to all credit unions organized pursuant to this part and offices of any state-chartered credit union authorized to do business in Vermont under this title. The powers, privileges, duties, and restrictions conferred and imposed in the articles of association of any credit union organized under the prior laws of this State are abridged, enlarged, or modified to conform the articles of association to this title. Notwithstanding anything in the articles of association of such a credit union, every such credit union possesses the powers, rights, and privileges and is subject to the duties, restrictions, and liabilities conferred and imposed by this title. (Added 2005, No. 16, § 1, eff. July 1, 2005.)