VT · SERVICE-AGMT · Updated July 2026 · Free
Vermont Service Agreement
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Vermont at a glance: Default Interest: 12% per year (9 V.S.A. § 41a) · Governing Law: Vermont Statutes Title 9
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Overview
Service Agreements in Vermont
Vermont service agreements are governed by Title 9 of the Vermont Statutes. Late fees must comply with the 12% statutory cap unless written (9 V.S.A. § 41a).
Key Facts
Vermont Service Agreement — Quick Reference
| Requirement | Vermont Rule |
|---|---|
| Default Interest | 12% per year (9 V.S.A. § 41a) |
| Governing Law | Vermont Statutes Title 9 |
Legal Requirements
Vermont Legal Requirements
- Late fees exceeding 12% per year must be in writing to be enforceable.
Governing Laws
Vermont Governing Laws
Read the full text of these laws at Cornell Law School's Vermont legal resources or your state legislature's official website.
Questions & Answers
Vermont Service Agreement — Frequently Asked Questions
What is the default contract interest rate in Vermont?
The default rate is 12% per annum.