§ 14209. Examination of accounts
Each Vermont financial institution shall annually cause a sampling of its loans and deposit accounts to be verified by the account holder. The verification shall be under the direction of an outside auditor or the internal auditor of the Vermont financial institution. The auditor shall report the results directly to the governing body. The verification methodology and results shall be available to the commissioner upon request. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 204 - Powers of Financial Institutions
§ 14101. Applicability of chapter
§ 14102. General organizational powers
§ 14103. Advertising; doing business or using name unlawfully
§ 14104. Capital or surplus requirements
§ 14105. Participation in public agencies
§ 14106. Expanded powers of Vermont financial institutions
§ 14108. Prohibited mergers and acquisitions
§ 14109. Prohibited management interlocks
§ 14202. Payment of deposits to administrators from another state or country
§ 14203. Trust deposits; payment on death of trustee
§ 14205. Payable on death accounts
§ 14206. Deposits of minors; exemption from trustee process
§ 14207. Provisions when title to deposit is litigated
§ 14208. Security for deposits
§ 14209. Examination of accounts
§ 14210. Real estate trust and escrow
§ 14211. Claims not clearly consistent
§ 14212. Joint fiduciary accounts
§ 14304. Card holder represented by legal counsel
§ 14401. Types of trust functions
§ 14402. National financial institutions; state financial institutions
§ 14403. Approval of Commissioner
§ 14405. Powers and duties of officers
§ 14406. Segregation of trust funds; exception
§ 14407. Collective investment funds
§ 14408. Registration and sale of securities
§ 14409. Disposition of securities upon court order; liability for acts of nominee