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Vermont · Through 2025 session

10 V.S.A. § 690a: Nonprofit revolving loan funds

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Where this section sits in the code
  1. Title 10: Conservation and Development
  2. Chapter 029: Community Development
  3. Subchapter 001: COMMUNITY DEVELOPMENT ACT

(a) Any revolving loan fund lender not required to be licensed pursuant to 8 V.S.A. § 2201(d)(9) shall register and maintain its registration with the Commissioner of Economic Development, on forms and by policy and methods prescribed by the Commissioner. The Commissioner shall require such lenders to pay an annual fee of not more than $50.00 to maintain their registration.

(b) Fees collected under this section shall be credited to a special fund established and managed pursuant to 32 V.S.A chapter 7, subchapter 5, and shall be available to the Department of Economic Development to offset the costs of providing those services.

Collected 2026-09-05T15:14:21Z. Source file · JSON

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