Vermont § 214 - Members; disqualification A member of the Authority may not participate in any decision:
Full text of Vermont Vermont Statutes Online § 214 — Members; disqualification A member of the Authority may not participate in any decision:, with citation guidance and answers to common questions.
§ 214. Members; disqualification A member of the Authority may not participate in any decision:
- (1) under subchapter 3 of this chapter affecting a local development corporation if the
member is a stockholder or member of that corporation; (2) upon any loan under subchapter 5 of this chapter if the member is a member, director,
trustee, employee, or officer of; or has any interest direct or indirect in; or owns
any stock, bonds, or other liabilities issued by or authorized by the prospective
mortgagor, mortgagee, or tenant; (3) upon a bond issue under subchapter 4 of this chapter if the member is an officer or
director of a bank or trust company that is a prospective purchaser of the bonds or
a prospective trustee under the trust indenture securing the bonds. (Added 1973, No. 197 (Adj
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 214
What does Vermont Statutes Online § 214 cover?
Section 214 ("Members; disqualification A member of the Authority may not participate in any decision:") 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 § 214?
A common citation format is "Vermont Statutes Online § 214" (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 § 214 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.