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The Vermont Statutes Online
Title
09
:
Commerce and Trade
Chapter
061
:
RETAIL INSTALLMENT SALES
§
2407. Scope
(a) This chapter
shall not affect or apply to any loans or to the business of making loans under
or in accordance with the laws of this State, nor shall any of the provisions
of the loan or interest statutes of this State affect or apply to any retail
installment transaction regulated hereunder. Nothing in this chapter shall be
construed to impair or in any way affect any rule of law applicable to or
governing retail installment sales not otherwise subject hereto. This chapter
shall apply exclusively to all retail installment transactions as defined in
section 2401 of this title.
(b) This chapter
shall not apply to commercial leases. (1963, No. 221, § 7, eff. Jan. 1, 1964;
amended 1989, No. 122, § 22, eff. June 30, 1989; 1989, No. 284 (Adj. Sess.), §
3.)