The Vermont Statutes Online

Title 9: Commerce and Trade


Sub-Chapter 01: General Provisions

9 V.S.A. § 2455 Defenses


§ 2455. Defenses

The holder of a promissory note or instrument or other evidence of indebtedness of a consumer delivered in connection with a contract shall take or hold that note, instrument or evidence subject to all defenses of such consumer which would be available to the consumer in an action on a simple contract, and all rights available to him or her under this chapter. (Added 1967, No. 132, § 1, eff. April 17, 1967; amended 1969, No. 45, § 2, eff. April 4, 1969.)