Vermont § 2882 - Exemptions from filing bond
Full text of Vermont Vermont Statutes Online § 2882 — Exemptions from filing bond, with citation guidance and answers to common questions.
§ 2882. Exemptions from filing bond
- (a) A milk cooperative or a nonprofit cooperative association organized under Vermont
law or similar laws in other states shall not be required to furnish surety as provided
in section 2881 of this title for payments made to a milk cooperative or to a producer who is a member of a milk
cooperative. (b) A handler who does not purchase milk from Vermont producers or milk cooperatives either
directly or through a marketing service owned by one or more cooperatives shall not
be required to furnish surety as provided under section 2881 of this title. (c) A handler who pays for milk in advance or at the time of delivery shall not be required
to furnish surety as provided under section 2881 of this title. Every producer, or milk cooperative either directly or through a marketing service
owned by the cooperatives, selling milk to handlers who pay for milk in advance or
at the time of delivery shall, on July 1 of each year, notify the Secretary in writing
of the identity of each handler and shall promptly notify the Secretary in writing
of any changes to the most recent notification. (d) A handler who purchases fewer than 150,000 pounds of milk per month from a milk cooperative,
either directly or through a marketing service owned by one or more cooperatives,
shall not be required to furnish surety as provided under section 2881 of this title. (Added 1965, No. 175, § 25; amended 2009, No. 48, § 6, eff. May 28, 2009; 2011, No. 39, § 6, eff. May 19, 2011.)
Frequently Asked Questions About Vermont § 2882
What does Vermont Statutes Online § 2882 cover?
Section 2882 ("Exemptions from filing bond") 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 § 2882?
A common citation format is "Vermont Statutes Online § 2882" (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 § 2882 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.