Vermont § 2703 - Prohibited fees

Full text of Vermont Vermont Statutes Online § 2703 — Prohibited fees, with citation guidance and answers to common questions.

§ 2703. Prohibited fees

  • (a) Dormancy fees, latency fees, issuance fees, redemption fees, or any other administrative
    fees or service charges in connection with a gift certificate are prohibited. (b) Notwithstanding subsection (a) of this section, a money transmitter licensed under
    chapter 79 of this title, financial institution, or credit union may charge a one-time
    fee upon the issuance of a prepaid access card that is reasonably related to the cost
    to the issuer of issuing the card, provided that in no event shall the fee exceed
    $10.00. (Added 2005, No. 39, § 1; amended 2019, No. 20, § 65; 2019, No. 103 (Adj. Sess.), § 11.)

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Frequently Asked Questions About Vermont § 2703

What does Vermont Statutes Online § 2703 cover?

Section 2703 ("Prohibited fees") 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 § 2703?

A common citation format is "Vermont Statutes Online § 2703" (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 § 2703 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.