§ 19102. Governor’s proclamation
Whenever it appears to the Governor that the public welfare and the equal protection of depositors in Vermont financial institutions doing business in this State require it, he or she may proclaim such bank holidays as in his or her judgment are necessary. Those holidays, except as otherwise provided in the proclamation, shall not be considered as business days for the transaction of all banking business, including the demand or payment of deposits, and shall have the incidents of a legal holiday for the purposes specified in 9A V.S.A. Article 3. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 209 - Conservation, Liquidation, and Insolvency
§ 19102. Governor’s proclamation
§ 19104. Restrictions continued after holidays
§ 19105. Orders as to deposits and debts due financial institution
§ 19106. Withdrawals, rateable share of depositor’s interest
§ 19107. Publication of orders
§ 19109. New commercial or savings deposits authorized; withdrawals
§ 19201. Appointment and bonding of conservators
§ 19202. Conservation of assets
§ 19203. Powers of conservator
§ 19204. Rights of interested parties
§ 19205. Fiduciary powers; appointment of new trustee for trust accounts
§ 19209. Termination of conservatorship
§ 19210. Notice to depositors of termination of conservatorship
§ 19301. Application for receiver; petition to divide losses
§ 19302. Appointment of receiver; notice and hearing
§ 19304. Commissioner as receiver
§ 19305. Duties and rights of receiver
§ 19306. Federal deposit insurance corporation
§ 19309. Limitation on time for proving claims
§ 19310. Submission of disallowed claims to Superior judge
§ 19311. Order to discontinue unauthorized practices
§ 19312. Failure to comply with Commissioner’s order
§ 19313. Authority of Court to enforce Commissioner’s order
§ 19314. Accounting and report of receiver
§ 19401. Plan for reopening or establishment of new financial institution
§ 19402. Petitioning Court for hearing; notice; hearing; approval of plan
§ 19403. Depositor’s objection to plan; receivership continued
§ 19404. Deposits of public money
§ 19405. Deposits not paid or received; business continued
§ 19406. Orders under which financial institution may continue business
§ 19407. Expenses; deposits received after petition filed