Vermont Statutes
§ 19102 — Governor’s proclamation
Vermont·Title 8 Title 8: Banking and Insurance·Ch. 209 Chapter 209: Conservation, Liquidation, and Insolvency
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.)
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Nearby Sections
10
§ 19102
Governor’s proclamation§ 19103
Business restricted§ 19107
Publication of orders§ 19108
Appeal; receiver§ 19110
Costs and expenses