Vt. Stat. tit. 9 § 204

Current through L. 2024, c. 185.
Section 204 - Duty of settlement agent that is not a lender

A settlement agent that has received the loan funds from the lender shall cause disbursement of settlement proceeds at the loan closing, or, for any other loan where a right of rescission applies, the settlement agent shall cause disbursement of the settlement proceeds on the first business day after the expiration of the rescission period.

9 V.S.A. § 204

Added 2001, No. 55, § 2.