Vermont § 106 - § 9—106.

Full text of Vermont Vermont Statutes Online § 106 — § 9—106., with citation guidance and answers to common questions.

§ 106. § 9—106.

  • Control of investment property (a) A person has control of a certificated security, uncertificated security, or security
    entitlement as provided in section 8—106 of this title. (b) A secured party has control of a commodity contract if: (1) the secured party is the commodity intermediary with which the commodity contract
    is carried; or (2) the commodity customer, secured party, and commodity intermediary have agreed that
    the commodity intermediary will apply any value distributed on account of the commodity
    contract as directed by the secured party without further consent by the commodity
    customer. (c) A secured party having control of all security entitlements or commodity contracts
    carried in a securities account or commodity account has control over the securities
    account or commodity account. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)

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Frequently Asked Questions About Vermont § 106

What does Vermont Statutes Online § 106 cover?

Section 106 ("§ 9—106.") 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 § 106?

A common citation format is "Vermont Statutes Online § 106" (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 § 106 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.