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§ 32201. Deposit powers

§ 32201. Deposit powers (a) Applicability. The provisions of subsection 14201(b) of this title governing deposit accounts shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (b) Insurance. A Vermont credit union that accepts deposits or an office of a state-chartered […]

§ 32202. Payment of deposits to administrators from another state or country

§ 32202. Payment of deposits to administrators from another state or country The provisions of section 14202 of this title governing the payment of deposits to administrators from another state or country shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. […]

§ 32203. Trust deposits; payment on death of trustee

§ 32203. Trust deposits; payment on death of trustee (a) When a deposit is made in a credit union by one or more persons in trust for another, the name and residence of the person for whom the deposit is made shall be disclosed, and the deposit shall be credited to the depositor or depositors […]

§ 32204. Joint deposits

§ 32204. Joint deposits (a) The provisions of section 14204 of this title governing joint deposits shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (b) A single joint share account may hold more than one membership share, supporting membership for […]

§ 32205. Payable on death accounts

§ 32205. Payable on death accounts The provisions of section 14205 of this title governing payable on death accounts shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (Added 2005, No. 16, § 1, eff. July 1, 2005.)

§ 32206. Deposits of minors; exemption from trustee process

§ 32206. Deposits of minors; exemption from trustee process The provisions of section 14206 of this title governing deposits of minors and exemption from trustee process shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (Added 2005, No. 16, § 1, […]

§ 32207. Provisions when title to deposit is litigated

§ 32207. Provisions when title to deposit is litigated The provisions of section 14207 of this title relating to when title to a deposit is litigated shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (Added 2005, No. 16, § 1, […]

§ 32208. Real estate trust and escrow

§ 32208. Real estate trust and escrow The provisions of section 14210 of this title governing pooled real estate trust and escrow accounts shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (Added 2005, No. 16, § 1, eff. July 1, […]

§ 32209. Claims not clearly consistent

§ 32209. Claims not clearly consistent The provisions of section 14211 of this title governing claims not clearly consistent with the terms of any applicable authority on file with the credit union shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. […]

§ 32210. Lien; setoff

§ 32210. Lien; setoff The credit union shall have a lien on the shares, share certificates, deposits, deposit certificates, and accumulated dividends or interest of a member in an individual or joint account for any sum past due the credit union from said member or for any loan endorsed by such member. The credit union […]

§ 32211. Applicability of other laws

§ 32211. Applicability of other laws The provisions of subsection 11501(c)(examination) and section 14212 (joint fiduciary accounts) of this title shall apply to credit unions in the same manner as they apply to financial institutions as defined in subdivision 11101(32) of this title. (Added 2005, No. 16, § 1, eff. July 1, 2005.)