Vermont § 19207 - Withdrawals While the financial institution is in the hands of the conservator appointed by the

Full text of Vermont Vermont Statutes Online § 19207 — Withdrawals While the financial institution is in the hands of the conservator appointed by the, with citation guidance and answers to common questions.

§ 19207. Withdrawals While the financial institution is in the hands of the conservator appointed by the

  • Commissioner, the Commissioner may require the conservator to set aside and make available
    for withdrawal by depositors and payment to other creditors, on a rateable basis,
    such amounts as in the opinion of the Commissioner may safely be used for this purpose.
    The conservator may borrow money on the assets of the financial institution to provide
    funds for the purposes specified in this section. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001; amended 2021, No. 105 (Adj. Sess.), § 308, eff. July 1, 2022.)

Source: official Vermont text · Last verified 2026-08-27

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Frequently Asked Questions About Vermont § 19207

What does Vermont Statutes Online § 19207 cover?

Section 19207 ("Withdrawals While the financial institution is in the hands of the conservator appointed by the") 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 § 19207?

A common citation format is "Vermont Statutes Online § 19207" (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 § 19207 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.