8 V.S.A. § 10
This is the official text of 8 V.S.A. § 10, part of Vermont’s V.S.A — part of the compiled statutory law of Vermont, published by the state as "V.S.A." Browse the sections below, each linked to its official government source.
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§ 10. Declaration of policy
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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