Vermont Statutes
§ 2455 — Defenses
The holder of a promissory note or instrument, or other evidence of indebtedness of a consumer delivered in connection with a contract shall take or hold that note, instrument, or evidence subject to all defenses of such consumer that would be available to the consumer in an action on a simple contract, and all rights available to him or her under this chapter.
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Legislative History
(Added 1967, No. 132, § 1, eff. April 17, 1967; amended 1969, No. 45, § 2, eff. April 4, 1969.)
Nearby Sections
15
§ 2451
Purpose§ 2451a
Definitions§ 2452
Limitation§ 2453b
Retaliation prohibited§ 2455
Defenses§ 2456
Confession of judgment§ 2457
Evidence of fraud§ 2460
Civil investigation§ 2461
Civil penalty