Vt. Stat. Ann. tit. 8, § 19201
Appointment and bonding of conservators
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
Whenever the Commissioner deems it necessary in order to conserve the assets of a Vermont financial institution for the benefit of the depositors and other creditors thereof, the Commissioner may appoint a conservator for the financial institution and require of the conservator such bond and security as the Commissioner deems proper.
Whenever the Commissioner deems it necessary in order to conserve the assets of a Vermont financial institution for the benefit of the depositors and other creditors thereof, the Commissioner may appoint a conservator for the financial institution and require of the conservator such bond and security as the Commissioner deems proper.
Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.