Vermont § 403 - Financial institutions to furnish information
Full text of Vermont Vermont Statutes Online § 403 — Financial institutions to furnish information, with citation guidance and answers to common questions.
§ 403. Financial institutions to furnish information
- (a) As used in this section: (1) “Bank” shall have the same meaning as in 8 V.S.A. § 11101. (2) “Broker-dealer” shall have the same meaning as in 9 V.S.A. § 5102. (3) “Credit union” shall have the same meaning as in 8 V.S.A. § 30101. (4) “Financial institution” means any financial services provider, including a bank, credit
union, broker-dealer, investment advisor, mutual fund, or investment company. (5) “Investment advisor” shall have the same meaning as in 9 V.S.A. § 5102. (6) “Mutual fund” shall have the same meaning as in 8 V.S.A. § 3461. (b) A financial institution, when requested by the Commissioner of Vermont Health Access,
shall furnish to the Commissioner or to an agent of the Department of Vermont Health
Access information in the possession of the financial institution with reference to
any person or his or her spouse who is applying for or is receiving assistance or
benefits from the Department of Vermont Health Access. The Department of Vermont Health
Access shall issue instructions to the financial institution detailing the nature
of the request and the information necessary to satisfy the request. (c) A financial institution shall not be subject to criminal or civil liability for actions
taken in accordance with subsection (b) of this section. (Added 2017, No. 210 (Adj. Sess.), § 6, eff. June 1, 2018.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 403
What does Vermont Statutes Online § 403 cover?
Section 403 ("Financial institutions to furnish information") 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 § 403?
A common citation format is "Vermont Statutes Online § 403" (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 § 403 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.