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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

221

:
ORGANIZATION AND MANAGEMENT OF CREDIT UNION






Subchapter

005
:
NET WORTH; RESERVES; DIVIDENDS










 

§

31501. Net worth

Every Vermont

credit union shall establish and maintain adequate levels of net worth pursuant

to standards established by the Commissioner, as amended from time to time.

(Added 2005, No. 16, § 1, eff. July 1, 2005.)