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
009
:
CREDIT CARD TERMINAL FINANCE LEASES
(Cite as: 9 V.S.A. § 2482h)
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§ 2482h. Solicitation; material misrepresentation
(a) As used in this subchapter, “credit card terminal” means physical equipment used at
the point of sale to accept payment by a payment card, including a credit card, debit
card, EBT card, prepaid card, or gift card.
(b) A person who solicits a finance lease for the use of a credit card terminal shall
accurately disclose, orally and in writing:
(1) the nature and scope of his or her relationship to the person or persons who own,
lease, service, and finance the credit card terminal and to the person or persons,
if known, who provide services related to the credit card terminal, including whether
he or she is an employee, independent contractor, or agent of one or more of those
persons; and
(2) the terms of a finance lease and whether oral statements or commitments he or she
makes to the prospective lessee while soliciting a finance lease are included in the
terms of the finance lease and enforceable against a party to a finance lease. (Added 2018, No. 4 (Sp. Sess.), § 1.)