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2025 Vermont Statutes
Title 8 - Banking and Insurance
Chapter 1 - Policy and Administration
§ 10. Declaration of policy

Universal Citation:
8 VT Stats § 10
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.
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§ 10. Declaration of policy

It is declared to be the policy of the State of Vermont that:

(1) the business of organizations that offer financial services and products shall be supervised by the Commissioner in a manner to ensure the solvency, liquidity, stability, and efficiency of all such organizations; to ensure reasonable and orderly competition, thereby encouraging the development, expansion, and availability of financial services and products advantageous to the public welfare; and to maintain close cooperation with other supervisory authorities; and

(2) all such organizations shall be supervised in such a way as to protect consumers against unfair and unconscionable practices and to provide consumer education. (Added 1999, No. 153 (Adj. Sess.), § 1, eff. Jan. 1, 2001.)

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