Vermont § 2880b - Vermont Universal Children’s Higher Education Savings Account Program Fund

Full text of Vermont Vermont Statutes Online § 2880b — Vermont Universal Children’s Higher Education Savings Account Program Fund, with citation guidance and answers to common questions.

§ 2880b. Vermont Universal Children’s Higher Education Savings Account Program Fund

  • (a) The Vermont Universal Children’s Higher Education Savings Account Program Fund is
    established as a fund to be held, directed, and administered by the Corporation. The
    Corporation shall invest and reinvest, or cause to be invested and reinvested, funds
    in the Program Fund for the benefit of the Program. (b) The following sources of funds shall be deposited into the Program Fund: (1) any grants, gifts, and other funds intended for deposit into the Program Fund from
    any individual or private or public entity, provided that contributions may be limited
    in application to specified age cohorts of beneficiaries; and (2) all interest, dividends, and other pecuniary gains from investment of funds in the
    Program Fund. (c) Funds in the Program Fund shall be used solely to carry out the purposes and provisions
    of this subchapter, including payment by the Corporation of the administrative costs
    of the Program and the Program Fund and of the costs associated with providing financial
    education to benefit Program beneficiaries and their parents and legal guardians.
    Funds in the Program Fund may not be transferred or used by the Corporation or the
    State for any purposes other than the purposes of the Program. (Added 2015, No. 45, § 2.)

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

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Frequently Asked Questions About Vermont § 2880b

What does Vermont Statutes Online § 2880b cover?

Section 2880b ("Vermont Universal Children’s Higher Education Savings Account Program Fund") 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 § 2880b?

A common citation format is "Vermont Statutes Online § 2880b" (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 § 2880b 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.