There Is a Newer Version of the Vermont Statutes
  1. 2025 Vermont Stat.
  2. 2024 Vermont Stat.
  3. 2023 Vermont Stat.
  4. 2005 Vermont Stat. (here)
  5. View All Versions
View Our Newest Version Here

2005 Vermont Code - § 7704. — Loans

§ 7704. Loans

(a) The board may make loans to qualified borrowers for the following purposes:

(1) To assist one or more persons with disabilities to improve their independence through the purchase of adaptive equipment.

(2) To assist one or more persons with disabilities to become more independent members of the community and to improve the quality of their lives within the community through the purchase of adaptive equipment.

(b) The interest rates for loans shall be reasonably competitive with commercial lending rates and shall be established by the board based upon the borrower's ability to pay. Loan repayment periods shall not exceed ten years. (Added 1989, No. 206 (Adj. Sess.), § 1.)

Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.