Vt. Stat. Ann. tit. 8, § 19308
Order
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
When on hearing and after such reasonable notice as the Superior judge may direct, any order as to a lien upon assets of a closed Vermont financial institution or of subrogation to the rights of depositors therein shall have been made by such Superior judge under the authority of sections 19304 through 19307 of this title, and no objections thereto shall have been filed within ten days after the making of the order, the same order shall be binding and effective to the extent necessary to secure the repayment of moneys which shall have been advanced thereon.
When on hearing and after such reasonable notice as the Superior judge may direct, any order as to a lien upon assets of a closed Vermont financial institution or of subrogation to the rights of depositors therein shall have been made by such Superior judge under the authority of sections 19304 through 19307 of this title, and no objections thereto shall have been filed within ten days after the making of the order, the same order shall be binding and effective to the extent necessary to secure the repayment of moneys which shall have been advanced thereon.
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.