Vermont Statutes
Chapter 73 - Licensed Lenders, Mortgage Brokers, Mortgage Loan Originators, Sales Finance Companies, and Loan Solicitation Companies
§ 2227. Conduct of unrelated business

§ 2227. Conduct of unrelated business
No licensee shall conduct the business of making noncommercial loans under this chapter within any office, room, or place of business in which any other business is solicited or engaged in, or in association or conjunction therewith, except as may be authorized in writing by the Commissioner upon his or her finding that the character of such other business is such that the granting of such authority would not facilitate evasions of this chapter or of the rules and regulations lawfully made hereunder. (Amended 1995, No. 162 (Adj. Sess.), § 28, eff. Jan. 1, 1997; 2009, No. 29, § 1.)

Structure Vermont Statutes

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 73 - Licensed Lenders, Mortgage Brokers, Mortgage Loan Originators, Sales Finance Companies, and Loan Solicitation Companies

§ 2200. Definitions

§ 2201. Licenses required

§ 2202a. Application for commercial lender license

§ 2202b. Approval of application; issuance of commercial lender license

§ 2203. Bond; liquid assets required

§ 2203a. Additional bond; liquid assets to be maintained

§ 2204a. Mortgage loan originator prelicensing and relicensing education requirement

§ 2204b. Testing of mortgage loan originators

§ 2204c. Continuing education for mortgage loan originators

§ 2204d. Mortgage loan originator license inactive status

§ 2208a. Mortgage loan originator change of employer or sponsor

§ 2216. Mortgage lending; specific requirements; exceptions

§ 2217. Mortgage brokers

§ 2218. Segregated accounts

§ 2219. Contract required of mortgage broker

§ 2220. Disclosure required by mortgage lender

§ 2220a. Disclosure required by loan solicitation licensee

§ 2221. Out-of-state mortgage loans

§ 2222. Examinations

§ 2223. Additional records required of loan solicitation licensees

§ 2225. Statement of rates of charge

§ 2227. Conduct of unrelated business

§ 2229. Confessions of judgment; powers of attorney; contents of notes

§ 2230. Rate of interest

§ 2231. Contracts to be repayable in monthly installments; maximum term; additional charges prohibited; invalidity of loan contract

§ 2232a. Requirements regarding the borrower

§ 2233. Charges; loan solicitation; specialized financing

§ 2234. Assignment of wages

§ 2235. Requirements for assignment of wages

§ 2236a. Extent of assignment; service upon employer

§ 2238. Out-of-state commercial loans

§ 2239. Commercial leases

§ 2241. Prohibited acts and practices

§ 2244. Unique identifier shown

§ 2245. Pension loans