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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

083

:
DEBT ADJUSTERS











 

§

2759c. Periodic statements to debtor

Periodically,

but not less frequently than quarterly, the licensee shall provide the debtor

with a statement showing the payments made by the debtor, how such payments

have been distributed, and for each debt covered by the contract:

(1) the

beginning amount of such debt;

(2) the current

amount due on such debt; and

(3) the basic

terms of such debt. (Added 2003, No. 81 (Adj. Sess.), § 1; amended 2009, No.

137 (Adj. Sess.), § 3.)