Vermont § 4593 - Prohibited acts Under this chapter, a bank may not:
Full text of Vermont Vermont Statutes Online § 4593 — Prohibited acts Under this chapter, a bank may not:, with citation guidance and answers to common questions.
§ 4593. Prohibited acts Under this chapter, a bank may not:
- (1) make loans of money to any person, firm, or corporation other than a government or
a governmental agency or subdivision, or purchase securities issued by any person,
firm, or corporation other than a governmental unit or for investment except as provided
in this chapter; (2) emit bills of credit, or accept deposits of money for time or demand deposit, or administer
trust, or engage in any form or manner in, or in the conduct of, any private or commercial
banking business, or act as a savings bank or savings and loan association; (3) be or constitute a bank or trust company within the jurisdiction or under the control
of the Department of Financial Regulation of the State, or the Commissioner thereof,
or the Comptroller of the Currency of the United States of America or the Department
of the Treasury thereof; or (4) be or constitute a bank, banker, or dealer in securities within the meaning of or
subject to the provisions of any securities, securities exchange, or securities dealers
law, of the United States of America or of this State or of any other state. (Added 1969, No. 216 (Adj
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 4593
What does Vermont Statutes Online § 4593 cover?
Section 4593 ("Prohibited acts Under this chapter, a bank may not:") 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 § 4593?
A common citation format is "Vermont Statutes Online § 4593" (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 § 4593 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.