Vermont § 31601 - Share insurance

Full text of Vermont Vermont Statutes Online § 31601 — Share insurance, with citation guidance and answers to common questions.

§ 31601. Share insurance

  • (a) Every credit union authorized to do business in this State under this title shall
    ensure its members’ shares with the National Credit Union Administration (NCUA) or
    the successor to that federal agency. (b) A credit union insured under this section shall have the duty and power to comply
    with all statutes and regulations governing insurance of shares by the NCUA, provided
    that nothing contained in this section shall be construed as repealing, modifying,
    or impairing any powers, duties, rights, or responsibilities of the Commissioner,
    or the credit union so insured, under the provisions of this title. (Added 2005, No. 16, § 1, eff. July 1, 2005.)

Related Vermont Legal Topics

Frequently Asked Questions About Vermont § 31601

What does Vermont Statutes Online § 31601 cover?

Section 31601 ("Share insurance") 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 § 31601?

A common citation format is "Vermont Statutes Online § 31601" (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 § 31601 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.