Vermont Statutes Annotated

Vt. Stat. Ann. tit. 09, § 45 (2026)

Prepayment of loans

✓ current as of May 2026

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Subchapter 001 : INTEREST GENERALLY

(Cite as: 9 V.S.A. § 45)

§ 45. Prepayment of loans

A borrower may prepay a loan at any time, without prepayment premium or penalty. (Added 1967, No. 377 (Adj. Sess.), eff. March 26, 1968.)

Notes of Decisions

Cited in 1 case, 2008–2008 · leading case: R&G Props., Inc. v. Column Fin., Inc., 2008 VT 113 (Vt. 2008).

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R&G Props., Inc. v. Column Fin., Inc., 2008 VT 113 (Vt. 2008). “No tender of a prepayment of this Note with respect to which a prepayment fee is due shall be effective unless such prepayment is accompanied by the prepayment fee.”

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