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
002
:
DEPOSITS IN GENERAL
(Cite as: 8 V.S.A. § 32210)
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§ 32210. Lien; setoff
The credit union shall have a lien on the shares, share certificates, deposits, deposit
certificates, and accumulated dividends or interest of a member in an individual or
joint account for any sum past due the credit union from said member or for any loan
endorsed by such member. The credit union shall also have a right of immediate setoff
with respect to every such account. (Added 2005, No. 16, § 1, eff. July 1, 2005.)