Vermont § 116 - § 8—116.
Full text of Vermont Vermont Statutes Online § 116 — § 8—116., with citation guidance and answers to common questions.
§ 116. § 8—116.
- Securities intermediary as purchaser for value A securities intermediary that receives a financial asset and establishes a security
entitlement to the financial asset in favor of an entitlement holder is a purchaser
for value of the financial asset. A securities intermediary that acquires a security
entitlement to a financial asset from another securities intermediary acquires the
security entitlement for value if the securities intermediary acquiring the security
entitlement establishes a security entitlement to the financial asset in favor of
an entitlement holder. (Added 1995, No. 92 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
Frequently Asked Questions About Vermont § 116
What does Vermont Statutes Online § 116 cover?
Section 116 ("§ 8—116.") 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 § 116?
A common citation format is "Vermont Statutes Online § 116" (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 § 116 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.