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Vermont Statutes Title 8. Banking and Insurance, § 11201. Business days

Current as of January 01, 2024 | Updated by Findlaw Staff

(a)(1) For purposes of this title, unless otherwise provided under other state or federal law applicable to a Vermont or state financial institution that is a depository institution, a business day is a calendar day other than the following:

(A) Saturday and Sunday;

(B) New Year's Day, January 1;

(C) Martin Luther King, Jr.'s Birthday, the third Monday in January;

(D) President's Day, the third Monday in February;

(E) Town Meeting Day, the first Tuesday in March;

(F) Memorial Day, the last Monday in May;

(G) Independence Day, July 4;

(H) Bennington Battle Day, August 16;

(I) Labor Day, the first Monday in September;

(J) Indigenous Peoples’ Day, the second Monday in October;

(K) Veterans' Day, November 11;

(L) Thanksgiving Day, the fourth Thursday in November;

(M) Christmas Day, December 25.

(2) A legal holiday that falls on a Saturday may be observed on the preceding Friday, and a legal holiday that falls on a Sunday may be observed on the following Monday.

(b) A Vermont financial institution may choose to remain open or to close any of its banking offices on any of the days enumerated in subsection (a) of this section.

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Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 11201. Business days - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-11201/

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