Vermont § 2546 - Records

Full text of Vermont Vermont Statutes Online § 2546 — Records, with citation guidance and answers to common questions.

§ 2546. Records

  • (a) In addition to the records required to be maintained by section 2119 of this title and any other records the Commissioner requires pursuant to this chapter or rule,
    a licensee shall maintain the following records for at least five years for determining
    the licensee’s compliance with this chapter: (1) a general ledger posted at least monthly containing all asset, liability, capital,
    income, and expense accounts; (2) bank statements and bank reconciliation records; and (3) if the licensee is a money transmitter: (A) a record of each outstanding money transmission obligation sold; (B) records of outstanding money transmission obligations; (C) records of each outstanding money transmission obligation paid within the five-year
    period; and (D) a list of the last known names and addresses of all of the licensee’s authorized delegates. (b) The records specified in subsection (a) of this section shall be maintained in any
    form permitted in subsection 11301(c) of this title. (c) Records specified in subsection (a) of this section may be maintained outside this
    State if they are made accessible to the Commissioner on seven business-days’ notice. (Added 2023, No. 110 (Adj. Sess.), § 44, eff. July 1, 2024.)

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Frequently Asked Questions About Vermont § 2546

What does Vermont Statutes Online § 2546 cover?

Section 2546 ("Records") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 2546?

A common citation format is "Vermont Statutes Online § 2546" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 2546 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.