Statutes, codes, and regulations
VERMONT STATUTES
Title 13 - CRIMES AND CRIMINAL PROCEDUREChapter 49 - FRAUD IN COMMERCIAL TRANSACTIONS
Subchapter 3 - SECURITY AGREEMENTS
Section 2074 - Prior security interest to be set forth in subsequent security agreement

Vt. Stat. tit. 13 § 2074

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Current through L. 2024, c. 185.
Section 2074 - Prior security interest to be set forth in subsequent security agreement

A debtor shall not execute a second or subsequent security agreement covering collateral that is the subject of a previously existing security agreement made by the debtor unless the existence of the previous security agreement is set forth in the subsequent security agreement.

13 V.S.A. § 2074

Added 1966, No. 29 (Sp. Sess.), § 22.