# 8 V.S.A. § 30303: Emergency closing by credit union

> Vermont · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30303

## Section

- **Citation:** 8 V.S.A. § 30303
- **Heading:** Emergency closing by credit union
- **Jurisdiction:** Vermont
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** VT Code / Title 8 / Chapter 220 / Section 30303

## Text

If an emergency arises or is so imminent and immediate as to interfere with or threaten the conduct of normal business transactions or the safety and welfare of a credit union's plant, assets, or personnel, the credit union officer or official in charge of any office open to the public may determine not to open the office so threatened or close the same, if open. The credit union shall notify the Commissioner of the emergency closing as soon as reasonably possible.

## Nearby sections

- [8 V.S.A. § 30101 § 30101. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30101.md)
- [8 V.S.A. § 30201 § 30201. Administration](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30201.md)
- [8 V.S.A. § 30202 § 30202. Fees and Department expenses](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30202.md)
- [8 V.S.A. § 30203 § 30203. Rules and regulations](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30203.md)
- [8 V.S.A. § 30301 § 30301. Office hours](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30301.md)
- [8 V.S.A. § 30302 § 30302. Closing for cause](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30302.md)
- [8 V.S.A. § 30303 § 30303. Emergency closing by credit union](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30303.md)
- [8 V.S.A. § 30401 § 30401. Preservation of records](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30401.md)
- [8 V.S.A. § 30501 § 30501. Financial reports](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30501.md)
- [8 V.S.A. § 30502 § 30502. Periodic reports from state credit unions with an office or activity in this State](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30502.md)
- [8 V.S.A. § 30503 § 30503. Exemption from annual report to Secretary of State](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30503.md)
- [8 V.S.A. § 30601 § 30601. Examinations](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30601.md)
- [8 V.S.A. § 30602 § 30602. Confidentiality of investigation and examination reports](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30602.md)
- [8 V.S.A. § 30603 § 30603. Examinations by federal regulatory agencies; departmental participation](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30603.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C220_S30303. Check the current official text before relying on it. Not legal advice.