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2012 Vermont Statutes
Title 08 Banking and Insurance
Chapter 222 POWERS
§ 32708 Prohibited activities


8 V.S.A. § 32708. What's This?

§ 32708. Prohibited activities

A CUSO shall not acquire control of, either directly or indirectly, another depository financial institution, nor invest in shares, stocks, or obligations of an insurance company, trade association, liquidity facility, or similar organization, corporation, or association. (Added 2005, No. 16, § 1, eff. July 1, 2005.)

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