Print
The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
220
:
SUPERVISION AND REGULATION
Subchapter
007
:
ENFORCEMENT
§
30705. Commissioner's coordination of enforcement and corrective action with
home state
The Commissioner
shall promptly give notice to the home state supervisory agency of each
enforcement or corrective action proposed to be undertaken against a state
credit union and, to the extent practicable, shall consult and cooperate with
the home state regulator in pursuing and resolving such enforcement action.
(Added 2005, No. 16, § 1, eff. July 1, 2005.)