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VERMONT STATUTES AND CODES
§ 101 - Borrower's notice
§ 101. Borrower's notice
A demand note shall contain on its face the following notice in a size equal to at least ten point bold type:
NOTICE TO BORROWER: THIS IS A DEMAND NOTE AND SO MAY BE COLLECTED BY THE LENDER AT ANY TIME. A NEW NOTE MUTUALLY AGREED UPON AND SUBSEQUENTLY ISSUED MAY CARRY A HIGHER OR LOWER RATE OF INTEREST. (Added 1975, No. 106, § 3.)
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