Vt. Stat. tit. 8 § 19302
Current through L. 2024, c. 185.
The court shall issue a notice to the treasurer and executive officer of such Vermont financial institution to appear at a time and place named in the notice and show cause why a receiver should not be appointed. If sufficient cause is not shown, the court shall appoint a receiver to take charge of the property and effects of the financial institution, who shall be subject to the Superior Court.
8 V.S.A. § 19302