Vermont Statutes Title 8. Banking and Insurance, § 19305. Duties and rights of receiver
Current as of January 01, 2020 | Updated by FindLaw Staff
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The receiver shall collect, sue, and receive the debts and demands due and the property that belong to the Vermont financial institution and shall convert into cash its real and personal estate and, upon the approval of the Superior judge, may borrow money and pledge any part or all of the assets of such financial institution as security for such loan and shall make report to the Court of the condition of the trust at such times as the Superior judge orders.
Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 19305. Duties and rights of receiver - last updated January 01, 2020 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-19305.html
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