Vermont § 31701 - General application
Full text of Vermont Vermont Statutes Online § 31701 — General application, with citation guidance and answers to common questions.
§ 31701. General application
- (a) Any corporate credit union chartered by the Commissioner shall be subject to such
rules and orders as the Commissioner deems appropriate and, except as otherwise specifically
provided in such rules or orders, shall be vested with or subject to the same rights,
privileges, duties, restrictions, penalties, liabilities, conditions, and limitations
that would apply to all Vermont state-chartered credit unions. (b) A corporate credit union shall be federally insured by the National Credit Union Administration
(NCUA), or its successor, and shall be subject to such regulations and orders as the
NCUA or its successor deems appropriate. In the event State laws or rules are inconsistent
with the regulations of the NCUA or its successor, the federal regulations will supersede. (Added 2005, No. 16, § 1, eff. July 1, 2005; amended 2021, No. 105 (Adj. Sess.), § 330, eff. July 1, 2022.)
Frequently Asked Questions About Vermont § 31701
What does Vermont Statutes Online § 31701 cover?
Section 31701 ("General application") 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 § 31701?
A common citation format is "Vermont Statutes Online § 31701" (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 § 31701 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.