Vt. Stat. tit. 8 § 19201
Current through L. 2024, c. 185.
Whenever the Commissioner deems it necessary in order to conserve the assets of a Vermont financial institution for the benefit of the depositors and other creditors thereof, the Commissioner may appoint a conservator for the financial institution and require of the conservator such bond and security as the Commissioner deems proper.
8 V.S.A. § 19201