Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 2260 — Vermont Law | CourtGPT
  1. Home/
  2. Laws/
  3. Vermont/
  4. Title 8 - Banking and Insurance/
  5. Chapter 74 - Consumer Litigation Funding Companies§ 2251. Definitions/
  6. § 2260
Vermont Legal Code

§ 2260

Ask AI about this
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. (b) [Repealed.](c) [Repealed.] (Added 2015, No. 128 (Adj. Sess.), § A.1; amended 2019, No. 20, § 39; 2019, No. 20, § 109(b), eff. Dec. 31, 2021.)