Vermont § 925 Consent of Commissioner required

Vermont Statutes

§ 925 — Consent of Commissioner required

Vermont § 925

Title 11Title 11: Corporations, Partnerships and Associations

Ch. 5Chapter 005: Scrip Corporations

This text of Vermont § 925 (Consent of Commissioner required) 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. 11, § 925 (2026).

Text

A person or corporation shall not issue scrip or notes or certificates having no fixed maturity payable to bearer in currency or other scrip without the consent of the Commissioner. But nothing herein shall prevent the issuance and use of bills of exchange, notes, or checks, or town orders for the usual and customary purposes thereof.

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