There Is a Newer Version
of
the Vermont Statutes
2011 Vermont Code
Title 16 Education
Chapter 87 GRANTS, SCHOLARSHIP, AND EDUCATION LOAN PROGRAMS
§ 2879a Cancellation of participation agreements
Universal Citation:
16 VT Stats § 2879a. (2011 through Adj Sess)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 2879a. Cancellation of participation agreements
(a) Any participant may cancel a participation agreement at will, and any return of funds from the participant's account shall be subject to terms and conditions established by the corporation, provided that any penalties levied as a result comply with the Internal Revenue Code's provisions relating to investment plans.
(b) The corporation may provide by rule that no termination penalty shall apply in certain circumstances. (Added 1997, No. 79 (Adj. Sess.), { 1, eff. July 1, 1997; amended 2001, No. 58, { 4, eff. June 16, 2001.)
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.
