Skip to navigation Skip to content Skip to subnav
Searching 2019-2020 Session

The Vermont Statutes Online

 

Title 9 : Commerce and Trade

Chapter 004 : INTEREST

Subchapter 003 : FUNDED SETTLEMENTS

(Cite as: 9 V.S.A. § 204)
  • § 204. Duty of settlement agent that is not a lender

    A settlement agent that has received the loan funds from the lender shall cause disbursement of settlement proceeds at the loan closing, or, for any other loan where a right of rescission applies, the settlement agent shall cause disbursement of the settlement proceeds on the first business day after the expiration of the rescission period. (Added 2001, No. 55, § 2.)