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
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.)