§ 19201 Appointment and bonding of conservators

8 V.S.A. § 19201 (N/A)
Copy with citation
Copy as parenthetical citation

§ 19201. Appointment and bonding of conservators

Whenever the Commissioner deems it necessary in order to conserve the assets of a Vermont financial institution for the benefit of the depositors and other creditors thereof, the Commissioner may appoint a conservator for the financial institution and require of the conservator such bond and security as the Commissioner deems proper. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)