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Vermont Statutes Title 8. Banking and Insurance, § 32210. Lien; setoff

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

The credit union shall have a lien on the shares, share certificates, deposits, deposit certificates, and accumulated dividends or interest of a member in an individual or joint account for any sum past due the credit union from said member or for any loan endorsed by such member. The credit union shall also have a right of immediate setoff with respect to every such account.

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Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 32210. Lien; setoff - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-32210/

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