Vermont § 11204 - Closing for cause A Vermont or state depository institution may temporarily close any of its offices for reasons that include good cause, extreme weather conditions, and community events

§ 11204. Closing for cause A Vermont or state depository institution may temporarily close any of its offices for reasons that include good cause, extreme weather conditions, and community events

• .
  If a Vermont or state depository institution temporarily closes any of its offices
  for all or any part of a banking day, the institution shall post a conspicuous notice
  of the closing at all points of public access to the closed offices. A closing may
  not become effective until such notice is posted at the office to be closed. Posting
  this notice relieves the institution from liability for failure to perform any of
  the business of the financial institution at the closed offices. The Commissioner
  may, by adopting rules, establish standards governing the form and content of the
  notice required under this section and may require dissemination of the notice of
  closing by any other reasonable means. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)