§ 4701 Rights of holders paramount
§ 4702 Default in payment
§ 4703 Powers of trustee on default
§ 4704 Superior Court jurisdiction
§ 4705 Notice on default
§ 4706 Personal liability
§ 4707 Exemption from execution and sale
§ 4708 Pledge of revenues; lien thereof
§ 4709 Federal insurance or guaranty
§ 4710 Surety for deposits by Bank

Terms Used In Vermont Statutes > Title 24 > Chapter 119 > Subchapter 7 - Protection of Bond and Noteholders

  • Acupuncture: means the insertion of fine needles through the skin at certain points on the body, with or without the application of electric current or the application of heat to the needles or skin, or both, for the purpose of promoting health and balance as defined by traditional and modern Oriental theories. See
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amortization: Paying off a loan by regular installments.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Approved naturopathic medical college: means a college that grants a degree of doctor of naturopathic medicine or doctor of naturopathy:

  • Bank: means the Vermont Bond Bank established by section 4571 of this title. See
  • Bonds: means bonds of the Bank issued under this chapter. See
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • County: means any county of the State. See
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Director: means the Director of the Office of Professional Regulation. See
  • Director: means the Director of the Office of Professional Regulation. See
  • Disciplinary action: includes any action taken by an administrative law officer against a licensed tattooist or applicant premised on a finding of unprofessional conduct. See
  • Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Issue: when used in reference to bonds or notes, means the physical delivery thereof or the effectuation thereof in book entry form, in each case against payment therefor. See
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Natural: means present in, produced by, or derived from nature. See
  • Naturopathic childbirth: means uncomplicated natural home birth assisted by a naturopathic physician. See
  • Naturopathic physical medicine: means the use of the physical agents of air, water, heat, cold, sound, and light, and the physical modalities of electrotherapy, biofeedback, acupuncture, diathermy, ultraviolet light, ultrasound, hydrotherapy, and exercise. See
  • Naturopathic physician: is a person who practices naturopathic medicine and is licensed under this chapter. See
  • Notes: means any notes of the Bank issued under this chapter. See
  • Operator: means any person who practices tattooing, body piercing, or permanent cosmetics. See
  • Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
  • practice of naturopathic medicine: means a system of health care that utilizes education, natural medicines, and natural therapies to support and stimulate a patient's intrinsic self-healing processes and to prevent, diagnose, and treat human health conditions, injuries, and pain. See
  • Practice of permanent cosmetics: means microblading and other practices involving placement of a specific type of tattoo that includes permanent eyeliner, permanent lip color, permanent eyebrows, anatomical reproduction, and permanent eye shadow as well as other specific procedures that may be identified by rule by the Director consistent with the Society of Permanent Cosmetic Professionals' or its successor group's guidelines. See
  • practice tattooing: means to place a permanent mark, design, or coloration of a human being by a process of pricking or ingraining an indelible pigment on or in the skin. See
  • Revenues: means all fees, charges, monies, profits, payments of principal of or interest on municipal bonds and revenue bonds and other investments, gifts, grants, contributions, appropriations, and all other income derived or to be derived by the Bank under this chapter. See
  • Shop: means a facility regularly used to offer or perform the practice of tattooing or body piercing. See
  • State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
  • sworn: shall include affirmed. See
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • Venue: The geographical location in which a case is tried.