Current through L. 2024, c. 185.
Section 1587 - Perfection of security interests in cooperative interests(a) A security interest in a cooperative interest shall attach, be perfected, and be enforceable as provided in 9A V.S.A. Article 9.(b) On request of a secured party, a cooperative housing corporation shall note on its books and records the interest of the secured party in a cooperative interest. No such request or notation is required in order to perfect a security interest in a cooperative interest.Added 1987, No. 254 (Adj. Sess.), § 1, eff. 6/16/1988.