Vermont § 2862 - Rules and regulations
Full text of Vermont Vermont Statutes Online § 2862 — Rules and regulations, with citation guidance and answers to common questions.
§ 2862. Rules and regulations
- (a) The Board shall adopt rules and regulations and establish policies and procedures
that it deems necessary to carry out the purpose of this subchapter. The rules and
regulations so adopted shall include provisions relating to borrower eligibility,
maximum loan amounts, interest rates, and other charges. (b) In the case of loans reinsured under the Higher Education Act, the rules and regulations
shall conform to the requirements of that act. (c) Education loans guaranteed, made, financed, serviced, or otherwise administered by
the Corporation are exempt from the interest rate and charges limitations of 9 V.S.A. §§ 41a and 42, but those rates and charges shall reflect the Corporation’s costs of funds, its
costs of education loan financing and servicing, and the risks associated with different
types of education loans. (d) Loans made pursuant to the Higher Education Act by institutions doing business in
Vermont shall be made pursuant to this chapter. (Added 1965, No. 198, § 7(b); amended 1967, No. 131, § 8; 1967, No. 371 (Adj. Sess.), § 5, eff. March 27, 1968; 1969, No. 83, § 1, eff. April 18, 1969; 1973, No. 51; 1983, No. 76, § 2; 1987, No. 79, § 2, eff. June 9, 1987; 2003, No. 86 (Adj. Sess.), § 24.)
Frequently Asked Questions About Vermont § 2862
What does Vermont Statutes Online § 2862 cover?
Section 2862 ("Rules and regulations") 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 § 2862?
A common citation format is "Vermont Statutes Online § 2862" (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 § 2862 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.