Vermont § 44 Certain charges not usurious

Vermont Statutes

§ 44 — Certain charges not usurious

Vermont § 44

Title 9Title 9: Commerce and Trade

Ch. 4Chapter 004: Interest

This text of Vermont § 44 (Certain charges not usurious) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 9, § 44 (2026).

Text

Agreements to maintain with the lender non-interest bearing reserves or deposits with which to pay when due taxes and insurance premiums, or agreements clearly set forth in the loan contract for the payment of reasonable delinquency or deferral charges, shall not be construed to be interest or a prohibited charge within the meaning of this chapter. (Added 1967, No. 377 (Adj. Sess.), eff. March 26, 1968.)

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Agreements to maintain with the lender non-interest bearing reserves or deposits with which to pay when due taxes and insurance premiums, or agreements clearly set forth in the loan contract for the payment of reasonable delinquency or deferral charges, shall not be construed to be interest or a prohibited charge within the meaning of this chapter. (Added 1967, No. 377 (Adj. Sess.), eff. March 26, 1968.)

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Vermont § 44, Counsel Stack Legal Research, https://law.counselstack.com/statute/vt/4/44.