Sections
§ 34101 Mergers
§ 34102 Merger of Vermont credit union with federal credit union
§ 34103 Effect of merger or conversion
§ 34104 Nonconforming activities; cessation

Terms Used In Vermont Statutes > Title 8 > Chapter 224 - Merger and Acquisition

  • Annual meeting: when applied to towns shall mean the annual town meeting in March or an adjournment thereof. See
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fiduciary: A trustee, executor, or administrator.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal estate: shall include all property other than real estate. See