Vermont § 43 - Deposit requirement prohibited; exception

Full text of Vermont Vermont Statutes Online § 43 — Deposit requirement prohibited; exception, with citation guidance and answers to common questions.

§ 43. Deposit requirement prohibited; exception

  • A lender shall not, as a condition to granting or extending a loan, require a borrower
    to keep or place any sum on deposit with the lender or nominee of the lender, except
    for deposit arrangements directly related to secured credit cards in a manner consistent
    with rules adopted by the Commissioner, rules that shall include disclosure requirements,
    and specific types of alternative mortgages approved by the

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Frequently Asked Questions About Vermont § 43

What does Vermont Statutes Online § 43 cover?

Section 43 ("Deposit requirement prohibited; exception") 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 § 43?

A common citation format is "Vermont Statutes Online § 43" (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 § 43 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.