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Financial Services Law Insights and Observations

Vermont governor issues “stay home/stay safe” order

State Issues Covid-19 Vermont

State Issues

On March 25, Governor Scott issued an executive order directing all citizens to stay at home, leaving only for essential reasons. All businesses and not-for-profit entities must suspend in-person business operations, with limited exceptions, and are encouraged to develop on-line, telephone and web-based strategies. Banks and financial institutions are considered essential, but the order limits routine retail banking operations to transactions conducted through automated teller machines, drive-through services and online and telephone services order .  The order is effective on March 25 at 5pm ET, and is in place until April 15.

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