{"data":{"id":"us-vt/8-v.s.a.-14208","jurisdiction":"us-vt","citation":"8 V.S.A. § 14208","heading":"Security for deposits","body":"No Vermont or state financial institution may pledge, hypothecate, or deliver any of its assets of any description whatsoever as security for a deposit of private funds, or for the purpose of indemnifying any person, as surety for the financial institution, or as surety for any other person. However, a Vermont financial institution or state financial institution may so secure a deposit to the credit of the United States, of the State of Vermont, or of any political subdivisions of the State, either directly or indirectly.","path":["Title 8: Banking and Insurance","Chapter 204: Powers of Financial Institutions","Subchapter 002: DEPOSITS IN GENERAL"],"source_url":"https://legislature.vermont.gov/statutes/section/08/204/14208","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T14:05:21Z","sha256":"185e7a733c54f51179311c4bebb7577e90e31bd112e69f727ba23f3381dd3036","source_id":"us-vt","stale":false,"prev":"us-vt/8-v.s.a.-14207","next":"us-vt/8-v.s.a.-14209"},"notice":"GroundRules: Original legal text. Not legal advice."}