Vermont § 5204 - Denial, suspension, revocation, condition, or limitations of exemptions
Full text of Vermont Vermont Statutes Online § 5204 — Denial, suspension, revocation, condition, or limitations of exemptions, with citation guidance and answers to common questions.
§ 5204. Denial, suspension, revocation, condition, or limitations of exemptions
- (a) Except with respect to a federal covered security or a transaction involving a federal
covered security, an order under this chapter may deny, suspend application of, condition,
limit, or revoke an exemption created under subdivision 5201(3)(C), (7), or (8) or
section 5202 of this chapter or an exemption or waiver created under section 5203
of this chapter with respect to a specific security, transaction, or offer. An order
under this section may be issued only pursuant to the procedures in subsection 5306(d)
or section 5604 of this chapter and only prospectively. (b) A person does not violate sections 5301, 5303 through 5306, 5504, or 5510 of this
chapter by an offer to sell, an offer to purchase, a sale, or a purchase effected
after the entry of an order issued under this section if the person did not know,
and in the exercise of reasonable care could not have known, of the order. (Added 2005, No. 11, § 1, eff. July 1, 2006.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 5204
What does Vermont Statutes Online § 5204 cover?
Section 5204 ("Denial, suspension, revocation, condition, or limitations of exemptions") 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 § 5204?
A common citation format is "Vermont Statutes Online § 5204" (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 § 5204 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.