32 V.S.A. § 982 — Transfer agent

The State Treasurer shall act as transfer agent or registrar for the exchange or transfer
of registered bonds or notes or maintain the records so that bonds or notes in book
entry form may be effected or contract with or otherwise designate a bank, trust company,
or other person to act as transfer agent or registrar for the bonds or notes or maintain
the records so that bonds or notes in book entry form may be effected. Such bank,
trust company, or other person, which may include the federal government or any of
its agencies or instrumentalities, or any officer, agency, or instrumentality of the
State, may be located or have its principal office inside or outside the State; provided,
however, that any such transfer agent or registrar (other than the federal government
or any of its agencies or instrumentalities) not domiciled in the State or having
its principal business in the State, shall qualify and be authorized to do business
in the State, or shall otherwise render itself amenable to personal service of process
in the State and shall submit itself to personal jurisdiction in the courts of the
State. Bonds or notes in book entry form shall be effected by means of entries on
the records of the State Treasurer or his or her designee which shall reflect the
description of the issue, the principal amount, maturity value, the interest rate,
investment returns, the maturity date, the owner of the bonds or notes, and such other
information as is deemed appropriate. The State Treasurer or other designated person
may effect conversions between book entry bonds or notes and registered bonds or notes
for owners of bonds or notes who request such a change. The State Treasurer or other
designated transfer agent or registrar shall issue a confirmation of the transaction
in the form of a written advice. (