Vermont § 690a - Nonprofit revolving loan funds
Full text of Vermont Vermont Statutes Online § 690a — Nonprofit revolving loan funds, with citation guidance and answers to common questions.
§ 690a. Nonprofit revolving loan funds
- (a) Any revolving loan fund lender not required to be licensed pursuant to 8 V.S.A. § 2201(d)(9) shall register and maintain its registration with the Commissioner of Economic Development,
on forms and by policy and methods prescribed by the Commissioner. The Commissioner
shall require such lenders to pay an annual fee of not more than $50.00 to maintain
their registration. (b) Fees collected under this section shall be credited to a special fund established
and managed pursuant to 32 V.S.A chapter 7, subchapter 5, and shall be available to
the Department of Economic Development to offset the costs of providing those services. (Added 1995, No. 162 (Adj. Sess.), § 40, eff. Jan. 1, 1997; amended 1997, No. 59, § 32, eff. June 30, 1997.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 690a
What does Vermont Statutes Online § 690a cover?
Section 690a ("Nonprofit revolving loan funds") 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 § 690a?
A common citation format is "Vermont Statutes Online § 690a" (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 § 690a 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.