Vermont § 2500 Purpose

Vermont Statutes

§ 2500 — Purpose

Vermont § 2500

Title 8Title 8: Banking and Insurance

Ch. 79Chapter 079: Money Services

This text of Vermont § 2500 (Purpose) 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. 8, § 2500 (2026).

Text

It is the intent of the General Assembly that the provisions of this chapter accomplish the following:

(1)ensure the State can coordinate with other states in all areas of regulation, licensing, and supervision to eliminate unnecessary regulatory burden and more effectively use regulator resources;

(2)protect the public from financial crime;

(3)standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and

(4)modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices. (Added 2023, No. 110 (Adj. Sess.), § 39, eff. July 1, 2024.)

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It is the intent of the General Assembly that the provisions of this chapter accomplish the following:
(1) ensure the State can coordinate with other states in all areas of regulation, licensing, and supervision to eliminate unnecessary regulatory burden and more effectively use regulator resources;
(2) protect the public from financial crime;
(3) standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and
(4) modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices. (Added 2023, No. 110 (Adj. Sess.), § 39, eff. July 1, 2024.)