§ 2759c. Periodic statements to debtor
Periodically, but not less frequently than quarterly, the licensee shall provide the debtor with a statement showing the payments made by the debtor, how such payments have been distributed, and for each debt covered by the contract:
(1) the beginning amount of such debt;
(2) the current amount due on such debt; and
(3) the basic terms of such debt. (Added 2003, No. 81 (Adj. Sess.), § 1; amended 2009, No. 137 (Adj. Sess.), § 3.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
§ 2753. Application for license; additional information
§ 2757a. Annual report; additional information
§ 2759b. Cancellation of contract
§ 2759c. Periodic statements to debtor
§ 2760. Separate bank account for the benefit of creditors; books and records
§ 2760a. Timely payments to creditors