reglab/housing_qa huggingface dataset:
8 V.S.A. § 2254
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 74 - Consumer Litigation Funding Companies|§ 2254. Prohibited acts

§ 2254. Prohibited acts|(a) A consumer litigation funding company shall not engage in any of the following conduct or practices:  (1) Pay or offer to pay commissions, referral fees, or any other form of consideration to any attorney, law firm, health care provider, health care facility, or an employee of a law firm, health care provider, or health care facility for referring a consumer to the company. (2) Accept any commissions, referral fees, or any other form of consideration from any attorney, law firm, health care provider, health care facility, or an employee of a law firm, health care provider, or health care facility. (3) Advertise false or misleading information regarding its products or services. (4) Receive any right to nor make any decisions with respect to the conduct of the consumer's legal claim or any settlement or resolution. The right to make such decisions shall remain solely with the consumer and his or her attorney. (5) Knowingly pay or offer to pay for court costs, filing fees, or attorney's fees either during or after the resolution of the legal claim. (6) Refer a consumer to a specific attorney, law firm, health care provider, or health care facility. (7) Fail to provide promptly copies of contract documents to the consumer or to the consumer's attorney. (8) Obtain a waiver of any remedy the consumer might otherwise have against the company. (9) Provide legal advice to the consumer regarding the funding or the underlying legal claim. (10) Assign a contract in whole or in part to a third party. Provided, however, if the company retains responsibility for collecting payment, administering, and otherwise enforcing the consumer litigation funding contract, the prohibition in this subdivision (10) shall not apply to an assignment:  (A) to a wholly owned subsidiary of the company; (B) to an affiliate of the company that is under common control with the company; or (C) granting a security interest under Article 9 of the Uniform Commercial Code or as otherwise permitted by law.  (11) Report a consumer to a credit reporting agency if insufficient funds remain from the net proceeds to repay the company. (12) Require binding arbitration in the event of a dispute between the consumer and the company. A consumer has the right to a trial in the event of a contractual dispute.   (b) An attorney or law firm retained by a consumer shall not have a financial interest in a company offering litigation funding to the consumer and shall not receive a referral fee or other consideration from such company, its employees, or its affiliates. (Added 2015, No. 128 (Adj. Sess.), § A.1.)
8 V.S.A. § 2255
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 74 - Consumer Litigation Funding Companies|§ 2255. Effect of communication on privileges

§ 2255. Effect of communication on privileges|A communication between a consumer's attorney and the company shall not be discoverable or limit, waive, or abrogate the scope or nature of any statutory or common-law privilege, including the work-product doctrine and the attorney-client privilege. (Added 2015, No. 128 (Adj. Sess.), § A.1.)
8 V.S.A. § 2256
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 74 - Consumer Litigation Funding Companies|§ 2256. Examinations

§ 2256. Examinations|For the purpose of protecting consumer interests and determining a company's financial stability and compliance with the requirements of this chapter, the Commissioner may conduct an examination of a company engaged in the business of consumer litigation funding as often as the Commissioner deems necessary. (Added 2015, No. 128 (Adj. Sess.), § A.1; amended 2019, No. 20, § 35.)
8 V.S.A. § 2259
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 74 - Consumer Litigation Funding Companies|§ 2259. Violations an unfair or deceptive act

§ 2259. Violations an unfair or deceptive act|(a) A company's failure to comply with the requirements of this part, including this chapter, shall constitute an unfair or deceptive act in commerce enforceable under 9 V.S.A. chapter 63, the Consumer Protection Act.(b) The powers vested in the Commissioner by this chapter shall be in addition to any other powers or rights of consumers or the Attorney General or others under any other applicable law or rule, including the Vermont Consumer Protection Act and any applicable rules adopted thereunder, provided the Commissioner's determinations concerning the interpretation and administration of the provisions of this part, including this chapter, and rules adopted thereunder shall carry a presumption of validity. (Added 2015, No. 128 (Adj. Sess.), § A.1; amended 2019, No. 20, § 38.)
8 V.S.A. § 2260
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 74 - Consumer Litigation Funding Companies|§ 2260. Annual reports

§ 2260. Annual reports|(a) Annually, on or before April 1, each company registered under this chapter shall file a report with the Commissioner under oath and in the form and manner prescribed by the Commissioner. In addition to information required by section 2120 of this title, the report shall include any information the Commissioner requires concerning the company's business and operations during the preceding calendar year within Vermont and, in addition, shall include:  (1) the number of contracts entered into; (2) the dollar value of funded amounts to consumers; (3) the dollar value of charges under each contract, itemized and including the annual rate of return; (4) the dollar amount and number of litigation funding transactions in which the realization to the company was as contracted; and (5) the dollar amount and number of litigation funding transactions in which the realization to the company was less than contracted.   [ Subsection (b) repealed effective December 31, 2021.](b) To assist the general public with more fully understanding the nature of consumer litigation funding in Vermont, the Commissioner shall summarize and analyze relevant data submitted under this section and publish the summary and analysis on a web page maintained by the Department of Financial Regulation, as well as on a web page maintained by the Office of the Attorney General.[ Subsection (c) repealed effective December 31, 2021.](c) Annually, beginning on or before October 1, 2017, the Commissioner and Attorney General shall report jointly to the General Assembly on the status of consumer litigation funding in Vermont and make any recommendations they deem necessary to improve the regulatory framework of consumer litigation funding, including a recommendation on whether Vermont should limit charges imposed under a consumer litigation funding contract. (Added 2015, No. 128 (Adj. Sess.), § A.1; amended 2019, No. 20, § 39; 2019, No. 20, § 109(b), eff. Dec. 31, 2021.)
8 V.S.A. § 2401
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 77 - Independent Trust Companies|§ 2401. Definitions

§ 2401. Definitions|As used in this chapter:  (1) "Act as fiduciary" or "acting as a fiduciary" means to:  (A) accept or execute trusts, including to:  (i) act as trustee under a written agreement; (ii) receive money or other property in its capacity as trustee for investment in real or personal property; (iii) act as trustee and perform the fiduciary duties committed or transferred to it by order of a court of competent jurisdiction; (iv) act as trustee of the estate of a deceased person; or (v) act as trustee for a minor or incapacitated person;  (B) administer in any other fiduciary capacity real or tangible personal property; or (C) act pursuant to order of a court of competent jurisdiction as executor or administrator of the estate of a deceased person or as a guardian or conservator for a minor or incapacitated person.  (2) "Company" means corporation or limited liability company. (3) "Independent trust company" means a company formed in this or any other state, that is chartered to act as a fiduciary or engages in a trust business, but is neither a depository institution nor a foreign bank as defined in Section 1(b)(7) of the International Banking Act of 1978. (4) "Trust business" means the holding out by a person to the public by advertising, solicitation or other means that the person is available to act as a fiduciary in this or another state for hire or compensation. (Added 1997, No. 98 (Adj. Sess.), § 8b.)
8 V.S.A. § 2404
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 77 - Independent Trust Companies|§ 2404. Name; multiple locations

§ 2404. Name; multiple locations|(a) An independent trust company shall file any name proposed to be used in connection with a trust business or establishing a principal office or trust office in this State pursuant to this chapter. The Commissioner shall not approve a proposed name if the Commissioner determines that the name may be misleading or likely to confuse the public, or deceptively similar to any name in use in this State.(b) An independent trust company organized or regulated under this chapter may petition the Commissioner for permission to establish and maintain new or additional offices for the transaction of its trust business.(c) An independent trust company shall not operate any new or additional office unless the Commissioner has determined that the establishment of the office will promote the general good of the State, applying the standards and procedures contained in subsection 2403(c) of this title, as applicable. If the Commissioner determines that the establishment will promote the general good, the Commissioner shall approve the new or additional office. (Added 1997, No. 98 (Adj. Sess.), § 8b.)
8 V.S.A. § 2406
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 77 - Independent Trust Companies|§ 2406. Reciprocity

§ 2406. Reciprocity|(a) An independent trust company organized under the laws of a jurisdiction other than Vermont shall be authorized to engage in a trust business in this State, to the same extent and under the same conditions that an independent trust company formed in this State may operate in such other jurisdiction. The independent trust company organized under the laws of a jurisdiction other than Vermont must obtain the Commissioner's written authorization before it may engage in a trust business in this State.(b) For purposes of this section, an independent trust company organized under the laws of a jurisdiction other than Vermont shall mean an entity that is organized and regulated in a manner that is substantially similar to an independent trust company formed under this chapter by whatever name, but which is not a financial institution within the meaning of subdivision 11101(32) of this title. (Added 1997, No. 98 (Adj. Sess.), § 8b; amended 1999, No. 153 (Adj. Sess.), § 21, eff. Jan. 1, 2001.)
8 V.S.A. § 2408
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 77 - Independent Trust Companies|§ 2408. Laws applicable; matters of contract

§ 2408. Laws applicable; matters of contract|(a) An independent trust company exercising trust powers under this chapter shall be subject to the same responsibilities, liabilities, and penalties as an individual acting in like capacity, and the company shall have the same powers and shall receive the same compensation as individuals acting in like capacity, if fixed by law.(b) The exercise of powers not listed in subsection (a) of this section, and the performance of the other duties by the company may be as contracted for by the parties interested.(c) In performing its duties under a trust, an independent trust company shall be subject to all applicable provisions of 14 V.S.A. chapter 105. (Added 1997, No. 98 (Adj. Sess.), § 8b.)
8 V.S.A. § 2411
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 77 - Independent Trust Companies|§ 2411. Unsafe condition; receivership

§ 2411. Unsafe condition; receivership|If the Commissioner finds a deficiency in capital or other unsafe or unsound condition of an independent trust company has not been remedied within the time prescribed under an order of the Commissioner issued pursuant to this chapter, the Commissioner may apply to the Superior Court in Washington County, to be appointed receiver for the liquidation or rehabilitation of the company. The expense of the receivership shall be paid out of the assets of the independent trust company. The provisions of subchapters 2, 3, and 4 of chapter 209 of this title shall apply to an independent trust company formed or regulated under this chapter as if the independent trust company were a financial institution to the extent applicable. (Added 1997, No. 98 (Adj. Sess.), § 8b; amended 1999, No. 153 (Adj. Sess.), § 22, eff. Jan. 1, 2001.)
8 V.S.A. § 2451
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 78 - Personal Information Protection Companies|§ 2451. Definitions

§ 2451. Definitions|As used in this section:  (1) "Personal information" means data capable of being associated with a particular natural person, including gender identification, birth information, marital status, citizenship and nationality, biometric records, government identification designations, and personal, educational, and financial histories. (2) "Personal information protection company" means a business that is organized for the primary purpose of providing personal information protection services to individual consumers. (3) "Personal information protection services" means receiving, holding, and managing the disclosure or use of personal information concerning an individual consumer:  (A) pursuant to a written agreement, in which the person receiving the individual consumer's information agrees to serve as a personal information protection company, and which specifies the types of personal information to be held and the scope of services to be provided on behalf of the consumer; and (B) in the best interests and for the protection and benefit of the consumer. (Added 2017, No. 205 (Adj. Sess.), § 2.)
8 V.S.A. § 2452
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 78 - Personal Information Protection Companies|§ 2452. Personal information as the subject of a fiduciary relationship

§ 2452. Personal information as the subject of a fiduciary relationship|A personal information protection company that accepts personal information pursuant to a written agreement to provide personal information protection services has a fiduciary responsibility to the consumer when providing personal protection services. (Added 2017, No. 205 (Adj. Sess.), § 2.)
8 V.S.A. § 2453
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 78 - Personal Information Protection Companies|§ 2453. Qualified personal information protection company

§ 2453. Qualified personal information protection company|(a) A personal information protection company shall qualify to conduct its business under the terms of this chapter, chapter 72 of this title, and applicable rules adopted by the Department of Financial Regulation.(b) A person shall not engage in business as a personal information protection company in this State without first obtaining a license from the Department.(c) A personal information protection company shall:  (1) be organized or authorized to do business under the laws of this State; (2) maintain a place of business in this State; (3) appoint a registered agent to accept service of process and to otherwise act on its behalf in this State, provided that whenever the registered agent cannot with reasonable diligence be found at the Vermont registered office of the company, the Secretary of State shall be an agent of the company upon whom any process, notice, or demand may be served; (4) annually hold at least one meeting of its governing body in this State, at which meeting one or more members of the body are physically present; and (5) develop, implement, and maintain a comprehensive information security program that contains administrative, technical, and physical safeguards sufficient to protect personal information, and which may include the use of blockchain technology, as defined in 12 V.S.A. § 1913, in some or all of its business activities. (Added 2017, No. 205 (Adj. Sess.), § 2; amended 2019, No. 103 (Adj. Sess.), § 4.)
8 V.S.A. § 2454
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 78 - Personal Information Protection Companies|§ 2454. Name; office

§ 2454. Name; office|A personal information protection company shall file with the Department of Financial Regulation the name it proposes to use in connection with its business, which the Department shall not approve if it determines that the name may be misleading, likely to confuse the public, or deceptively similar to any other business name in use in this State. (Added 2017, No. 205 (Adj. Sess.), § 2.)
8 V.S.A. § 2455
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 78 - Personal Information Protection Companies|§ 2455. Conduct of business

§ 2455. Conduct of business|(a) A personal information protection company may:  (1) operate through remote interaction with the individuals entrusting personal information to the company, and there shall be no requirement of Vermont residency or other contact for any such individual to establish such a relationship with the company; and (2) subject to applicable fiduciary duties, the terms of any agreement with the individual involved, and any applicable statutory or regulatory provision:  (A) provide elements of personal information to third parties with which the individual seeks to have a transaction, a service relationship, or other particular purpose interaction; (B) provide certification or validation concerning personal information; (C) receive compensation for acting in these capacities.    (b) An authorization to provide personal information may be either particular or general, provided it meets the terms of any agreement with the individual involved and any rules adopted by the Department of Financial Regulation. (Added 2017, No. 205 (Adj. Sess.), § 2.)
8 V.S.A. § 2457
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 78 - Personal Information Protection Companies|§ 2457. Reports; rules

§ 2457. Reports; rules|(a) The Department of Financial Regulation may prescribe by rule the timing and manner of reports by a personal information protection company to the Department.(b) The Department may adopt rules to govern other aspects of the business of a personal information protection company, including its protection and safeguarding of personal information and its interaction with third parties with respect to personal information it holds. (Added 2017, No. 205 (Adj. Sess.), § 2.)
8 V.S.A. § 2502
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 79 - Money Services|§ 2502. License required

§ 2502. License required|(a) A person shall not engage in money transmission without:  (1) obtaining a license under subchapter 2 of this chapter; or (2) being an authorized delegate of a person licensed under subchapter 2 of this chapter.   (b) A person shall not engage in check cashing or currency exchange without:  (1) obtaining a license under subchapter 3 of this chapter; (2) obtaining a license for money transmission under subchapter 2 of this chapter; or (3) being an authorized delegate of a person licensed under subchapter 2 of this chapter.   (c) A person not licensed under this chapter or not an authorized delegate of a licensee is engaged in providing money services if the person advertises those services, solicits to provide those services, or holds itself out as providing those services.(d) A license is not transferable or assignable.(e) A licensee shall file with the Commissioner any name proposed to be used in connection with a money service business or location pursuant to this chapter. The Commissioner shall not approve a proposed name if the Commissioner determines that the name may be misleading or likely to confuse the public, or deceptively similar to any name in use in this State. (Added 2001, No. 55, § 1, eff. Jan. 1, 2002.)
8 V.S.A. § 2505
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 79 - Money Services|§ 2505. License required

§ 2505. License required|A person licensed under this subchapter or that is an authorized delegate of a person licensed under this subchapter may engage in money transmission and may also engage in check cashing or currency exchange without obtaining a separate license under subchapter 3 of this chapter. (Added 2001, No. 55, § 1, eff. Jan. 1, 2002.)
8 V.S.A. § 2506
2021 Vermont Statutes|Title 8 - Banking and Insurance|Chapter 79 - Money Services|§ 2506. Application for license; additional information

§ 2506. Application for license; additional information|(a) In addition to the information required by section 2102 of this title, an application for a license under this subchapter shall state or contain:  (1) a description of any money services previously provided by the applicant and the money services that the applicant seeks to provide in this State; (2) a list of the applicant's proposed authorized delegates, and the locations in this State where the applicant and its authorized delegates propose to engage in money transmission or provide other money services; (3) a list of other states in which the applicant is licensed to engage in money transmission or provide other money services and information concerning any bankruptcy or receivership proceedings affecting the licensee; (4) a sample form of contract for authorized delegates, if applicable, and a sample form of payment instrument or instrument upon which prepaid access is recorded if applicable; (5) the name and address of any financial institution through which the applicant's payment instruments and prepaid access obligations will be paid; and (6) a description of the source of money and credit to be used by the applicant to provide money services   (b) The Commissioner may waive one or more requirements of this section or permit an applicant to submit substituted information in lieu of the required information. (Added 2001, No. 55, § 1, eff. Jan. 1, 2002; amended 2009, No. 134 (Adj. Sess.), § 20; 2011, No. 78 (Adj. Sess.), § 15, eff. April 2, 2012; 2019, No. 20, § 42.)