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.
Vt. Stat. Ann. tit. 13, § 2074
Prior security interest to be set forth in subsequent security agreement
Added 1966, No. 29 (Sp
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.