Vermont § 4171 - Definitions As used in this section:
Full text of Vermont Vermont Statutes Online § 4171 — Definitions As used in this section:, with citation guidance and answers to common questions.
§ 4171. Definitions As used in this section:
- (1) “Blockchain technology” has the same meaning as in 12 V.S.A. § 1913. (2) “Participant” means: (A) each person that has a partial or complete copy of the decentralized consensus ledger
or database utilized by the blockchain technology, or otherwise participates in the
validation processes of such ledger or database; (B) each person in control of any digital asset native to the blockchain technology; and (C) each person that makes a material contribution to the protocols. (3) “Protocols” means the designated regulatory model of the software that governs the
rules, operations, and communication between nodes on the network utilized by the
participants. (4) “Virtual currency” means a digital representation of value that: (A) is used as a medium of exchange, unit of account, or store of value; and (B) is not legal tender, whether or not denominated in legal tender. (Added 2017, No. 205 (Adj
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 4171
What does Vermont Statutes Online § 4171 cover?
Section 4171 ("Definitions As used in this section:") 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 § 4171?
A common citation format is "Vermont Statutes Online § 4171" (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 § 4171 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.