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.
(Cite as: 9A V.S.A. § 9-201)
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§ 9—201. General effectiveness of security agreement
(a) Except as otherwise provided in this title, a security agreement is effective according
to its terms between the parties, against purchasers of the collateral, and against
creditors.
(b) A transaction subject to this article is subject to any applicable rule of law which
establishes a different rule for consumers and (i) any other Vermont statute or regulation
that regulates loans, credit sales, or other extensions of credit; and (ii) 9 V.S.A. chapter 63.
(c) In case of conflict between this article and a rule of law, statute, or regulation
described in subsection (b) of this section, the rule of law, statute, or regulation
controls. Failure to comply with a statute or regulation described in subsection (b)
of this section has only the effect the statute or regulation specifies.
(d) This article does not:
(1) validate any rate, charge, agreement, or practice that violates a rule of law, statute,
or regulation described in subsection (b) of this section; or
(2) extend the application of the rule of law, statute, or regulation to a transaction
not otherwise subject to it. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)