§32101. Applicability of chapter

Link to law: http://legislature.vermont.gov/statutes/section/08/222/32101
Published: 2015

Print

The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

222

:
POWERS






Subchapter

001
:
GENERAL POWERS










 

§

32101. Applicability of chapter

The provisions

of this chapter set forth the powers granted to all credit unions organized

pursuant to this part and offices of any state-chartered credit union

authorized to do business in Vermont under this title. The powers, privileges,

duties, and restrictions conferred and imposed in the articles of association

of any credit union organized under the prior laws of this State are abridged,

enlarged, or modified to conform the articles of association to this title. Notwithstanding

anything in the articles of association of such a credit union, every such

credit union possesses the powers, rights, and privileges and is subject to the

duties, restrictions, and liabilities conferred and imposed by this title.

(Added 2005, No. 16, § 1, eff. July 1, 2005.)
Read Entire Law on legislature.vermont.gov