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2005 Vermont Code - § 2074. — Prior security interest to be set forth in subsequent security agreement
§ 2074. Prior security interest to be set forth in subsequent security agreement
A debtor shall not execute a second or subsequent security agreement covering collateral which is the subject of a previously existing security agreement made by the debtor unless the existence of the previous security agreement is set forth in the subsequent security agreement. (1966, No. 29 (Sp. Sess.), § 22, eff. at midnight on Dec. 31, 1966.)
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