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SUMMARY OF THE 2005 ACTS AND RESOLVES

ACT NO. 18

(H.479)

Banking and insurance; financial institutions; licensed lenders; mortgage brokers; sales finance companies; money transmitters; credit unions; debt adjusters; compliance with federal law

This act requires Vermont financial institutions, licensed lenders, mortgage brokers, sales finance companies, money transmitters, credit unions, and debt adjusters to comply with the provisions of the federal truth in lending act, the federal real estate settlement procedures act, and the federal bank secrecy act, where applicable.

Effective Date: July 1, 2005



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us