§ 32402. Commissioner approval
A credit union shall obtain the written approval of the Commissioner prior to engaging in the business of making member business loans. (Added 2005, No. 16, § 1, eff. July 1, 2005.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
§ 32101. Applicability of chapter
§ 32103. Expanded powers of Vermont credit unions
§ 32202. Payment of deposits to administrators from another state or country
§ 32203. Trust deposits; payment on death of trustee
§ 32205. Payable on death accounts
§ 32206. Deposits of minors; exemption from trustee process
§ 32207. Provisions when title to deposit is litigated
§ 32208. Real estate trust and escrow
§ 32209. Claims not clearly consistent
§ 32211. Applicability of other laws
§ 32402. Commissioner approval
§ 32601. Failure to pay rent; removal of contents
§ 32701. Organization of a credit union service organization
§ 32702. Expansion of services
§ 32703. Records, reports, and examination
§ 32704. Limitation on loans to and investments in a CUSO
§ 32705. Investing in, lending to, or joining an existing CUSO