Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by FindLaw Staff
(a) A Vermont credit union shall not establish an office in this State or outside this State without the prior approval of the Commissioner in accordance with subsection 30801(b) of this title.
(b) Prior to approving the credit union's application to establish an office in this State or outside this State, the Commissioner must find that:
(1) establishment of the proposed office is consistent with the safety and soundness of the credit union;
(2) establishment of the proposed office is consistent with the credit union's field of membership;
(3) the credit union has a record of compliance with the requirements of applicable State and federal law; and
(4) in the case of an out-of-State office, the laws of such other State authorize the establishment of such office.
Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 33102. In-State and out-of-State offices - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-33102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)