The Vermont Statutes Online

Title 9A: Uniform Commercial Code

Article 8: INVESTMENT SECURITIES

9A V.S.A. § 8-111. Clearing corporation rules



§ 8-111

§ 8-111. Clearing corporation rules

A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this article and affects another party who does not consent to the rule. (Added 1995, No. 92 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)