The Vermont Statutes Online
The Statutes below include the actions of the 2024 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.
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.)