§ 2500. Purpose
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VT Code › Title 8 › Chapter 79 › Section 2500
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It is the intent of the General Assembly that the provisions of this chapter accomplish the following:
(1) ensure the State can coordinate with other states in all areas of regulation, licensing, and supervision to eliminate unnecessary regulatory burden and more effectively use regulator resources;
(2) protect the public from financial crime;
(3) standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and
(4) modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices.
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