The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 13 : Crimes and Criminal Procedure
Chapter 049 : Fraud in Commercial Transactions
Subchapter 003 : Security Agreements
(Cite as: 13 V.S.A. § 2074)-
§ 2074. Prior security interest to be set forth in subsequent security agreement
A debtor shall not execute a second or subsequent security agreement covering collateral that is the subject of a previously existing security agreement made by the debtor unless the existence of the previous security agreement is set forth in the subsequent security agreement. (Added 1966, No. 29 (Sp. Sess.), § 22.)