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
:
FAIR CREDIT REPORTING
(Cite as: 9 V.S.A. § 2480j)
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§ 2480j. Persons not required to place security freeze
The following persons are not required to place in a credit report a security freeze
pursuant to section 2480h of this title; provided, however, that any person that is not required to place a security freeze
on a credit report under the provisions of subdivision (3) of this section shall be
subject to any security freeze placed on a credit report by another credit reporting
agency from which it obtains information:
(1) A check services or fraud prevention services company, which reports on incidents
of fraud or issues authorizations for the purpose of approving or processing negotiable
instruments, electronic fund transfers, or similar methods of payment.
(2) A deposit account information service company, which issues reports regarding account
closures due to fraud, substantial overdrafts, ATM abuse, or similar negative information
regarding a consumer to inquiring banks or other financial institutions for use only
in reviewing a consumer request for a deposit account at the inquiring bank or financial
institution.
(3) A credit reporting agency that:
(A) acts only to resell credit information by assembling and merging information contained
in a database of one or more credit reporting agencies; and
(B) does not maintain a permanent database of credit information from which new credit
reports are produced. (Added 2003, No. 155 (Adj. Sess.), § 3, eff. July 1, 2005.)