{"data":{"id":"us-vt/9-v.s.a.-46","jurisdiction":"us-vt","citation":"9 V.S.A. § 46","heading":"Exceptions","body":"Section 43 of this title, relating to deposit requirements, and section 45 of this title, relating to prepayment penalties, shall not apply and the parties may contract for a rate of interest in excess of the rate provided in section 41a of this title in the case of:\n(1) obligations of corporations, including municipal and nonprofit corporations; or\n(2) obligations incurred by any person, partnership, association, or other entity to finance in whole or in part income-producing business or activity, but not including obligations incurred to finance family dwellings of four units or fewer when used as a residence by the borrower or to finance real estate that is devoted to agricultural purposes as part of an operating farming unit when used as a residence by the borrower; or\n(3) obligations to finance the purchase, construction, or improvement of property for seasonal or part-time occupancy and not as a place of legal residence; or\n(4) obligations guaranteed or insured by the United States of America or any agency thereof.","path":["Title 9: Commerce and Trade","Chapter 004: Interest","Subchapter 001: INTEREST GENERALLY"],"source_url":"https://legislature.vermont.gov/statutes/section/09/004/00046","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T14:13:51Z","sha256":"4359ec24568a1dfdadd0cdac9dd3eae638f7d72c890337eaf3489698cba969af","source_id":"us-vt","stale":false,"prev":"us-vt/9-v.s.a.-45","next":"us-vt/9-v.s.a.-47"},"notice":"GroundRules: Original legal text. Not legal advice."}