Vermont § 104 - § 8—104.
Full text of Vermont Vermont Statutes Online § 104 — § 8—104., with citation guidance and answers to common questions.
§ 104. § 8—104.
- Acquisition of security or financial asset or interest therein (a) A person acquires a security or an interest therein, under this article, if: (1) the person is a purchaser to whom a security is delivered pursuant to section 8—301 of this title; or (2) the person acquires a security entitlement to the security pursuant to section 8—501 of this title. (b) A person acquires a financial asset, other than a security, or an interest therein,
under this article, if the person acquires a security entitlement to the financial
asset. (c) A person who acquires a security entitlement to a security or other financial asset
has the rights specified in part 5 of this article, but is a purchaser of any security,
security entitlement, or other financial asset held by the securities intermediary
only to the extent provided in section 8—503 of this title. (d) Unless the context shows that a different meaning is intended, a person who is required
by other law, regulation, rule, or agreement to transfer, deliver, present, surrender,
exchange, or otherwise put in the possession of another person a security or financial
asset satisfies that requirement by causing the other person to acquire an interest
in the security or financial asset pursuant to subsection (a) or (b) of this section. (Added 1995, No. 92 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
Frequently Asked Questions About Vermont § 104
What does Vermont Statutes Online § 104 cover?
Section 104 ("§ 8—104.") 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 § 104?
A common citation format is "Vermont Statutes Online § 104" (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 § 104 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.