Legal Resources
Laws
Link to Vermont Statutes
Vermont law is set forth in a set of green books entitled “Vermont Statues Annotated”. The books are similar to an encyclopedia, with each Volume containing one or more Titles. Titles are broken down into Chapters and Sections. They can be found in most public libraries, and are on the Internet at http://www.leg.state.vt.us/statutes/statutes2.htm
- Banking Law is found primarily in Titles 8 and 9.
- Licensing is found in Title 8, Chapters 73, 79, and 133.
Regulations
Link to Vermont Banking Regulations
- promulgated by authority of a statute to carry out legislation.
- have the full force and effect of law.
- may include penalties for violations.
Bulletins
Link to Vermont Banking Bulletins
- to provide guidance in the interpretation of and compliance with statute.
- deemed to be correct unless found to be clearly erroneous by a court of competent jurisdiction.
Orders
Link to Vermont Banking Orders
- decision issued by the commissioner.
Legislation 2010
Link to Summaries of Bills Affecting the Banking Division
- Act 96 (S.287) Licensing and Regulation of Loan Servicers
- Act 100 (H.622) Solicitation by Prescreened Trigger Lead
- Act 115 (S.58) Electronic Payment of Wages
- Act 116 (S.138) Credit Card Fees
- Act 131 (H. 498) Maintenance of Private Roads
- Act 132 (H.590) Mandatory Mediation in Foreclosure
- Act 134 (H. 759) Executive Branch Fees - Banking Division
- Act 137 (S.278) BISHCA Housekeeping
