There Is a Newer Version of the Vermont Statutes
2012 Vermont Statutes
Title 11 Corporations, Partnerships and Associations
Chapter 5 SCRIP CORPORATIONS
§ 925 Consent of commissioner required
11 V.S.A. § 925. What's This?
§ 925. Consent of commissioner required
A person or corporation shall not issue scrip, or notes or certificates having no fixed maturity payable to bearer in currency or other scrip without the consent of the commissioner. But nothing herein shall prevent the issuance and use of bills of exchange, notes or checks or town orders for the usual and customary purposes thereof.
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