2016 Vermont Statutes
Title 8 - Banking and Insurance
Chapter 209 - Conservation, Liquidation, And Insolvency
Subchapter 3: RECEIVERSHIP AND DISSOLUTION
§ 19308 Order

8 V.S.A. § 19308 What's This?

§ 19308. Order

When on hearing and after such reasonable notice as the Superior judge may direct, any order as to a lien upon assets of a closed Vermont financial institution or of subrogation to the rights of depositors therein shall have been made by such Superior judge under the authority of sections 19304 through 19307 of this title, and no objections thereto shall have been filed within ten days after the making of the order, the same order shall be binding and effective to the extent necessary to secure the repayment of moneys which shall have been advanced thereon. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)

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