Skip to navigation Skip to content Skip to subnav
Searching 2023-2024 Session

The Vermont Statutes Online

 

Title 8 : Banking and Insurance

Chapter 222 : Powers

Subchapter 007 : CREDIT UNION SERVICE ORGANIZATIONS (CUSO)

(Cite as: 8 V.S.A. § 32708)
  • § 32708. Prohibited activities

    A CUSO shall not acquire control of, either directly or indirectly, another depository financial institution, nor invest in shares, stocks, or obligations of an insurance company, trade association, liquidity facility, or similar organization, corporation, or association. (Added 2005, No. 16, § 1, eff. July 1, 2005.)