Vermont § 11202 - Banking day
Full text of Vermont Vermont Statutes Online § 11202 — Banking day, with citation guidance and answers to common questions.
§ 11202. Banking day
- (a) Each Vermont and state depository institution shall be open not less than five banking
days each week, except for the days enumerated in subsection 11201(a) of this title or except as otherwise provided in this chapter. (b) In addition to the hours of each banking day established by an institution under subsection
(a) of this section, a Vermont or state depository institution may, at its discretion,
establish days and hours for its offices, including opening offices for business on
days that are not defined as business days in section 11201 of this title. The financial institution’s governing body is responsible for determining the scope
of operations of each branch, including the services to be provided and the days and
hours of operation. (c) A Vermont or state depository institution shall post the days and hours of operation
at or near the public entrances to its banking offices and shall provide customers
with reasonable advance notice of reduction in services or hours of operation. (d) Any act authorized, required, or permitted to be performed at, by, or with respect
to any Vermont or state depository institution on a day not defined as a business
day or on a day the institution is closed pursuant to section 11204 or 11205 of this title, may be performed on the next succeeding business day and liability or loss of rights
of any kind to such financial institution shall not result from this delay. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)
Frequently Asked Questions About Vermont § 11202
What does Vermont Statutes Online § 11202 cover?
Section 11202 ("Banking day") 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 § 11202?
A common citation format is "Vermont Statutes Online § 11202" (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 § 11202 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.