Vermont § 2505 - License required

Full text of Vermont Vermont Statutes Online § 2505 — License required, with citation guidance and answers to common questions.

§ 2505. License required

  • (a) A person shall not engage in the business of money transmission or advertise, solicit,
    or hold itself out as providing money transmission, unless the person is licensed
    under this subchapter. (b) Subsection (a) of this section does not apply to: (1) a person that is an authorized delegate of a person licensed under this subchapter
    acting within the scope of authority conferred by a written contract with the licensee;
    or (2) a person that is exempt pursuant to section 2504 of this chapter and does not engage
    in money transmission outside the scope of such exemption. (Added 2023, No. 110 (Adj. Sess.), § 40, eff. July 1, 2024.)

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Frequently Asked Questions About Vermont § 2505

What does Vermont Statutes Online § 2505 cover?

Section 2505 ("License required") 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 § 2505?

A common citation format is "Vermont Statutes Online § 2505" (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 § 2505 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.