(g) A town or municipality may adopt an ordinance governing security deposits on dwellings.
The ordinance shall be supplemental to and not inconsistent with the minimum protections
of the provisions of this section. The ordinance may not limit how a security deposit
is held. The ordinance may authorize the payment of interest on a security deposit.
The ordinance may provide that a housing board of review constituted pursuant to 24 V.S.A. § 5005 may hear and decide disputes related to security deposits upon request for a hearing
by a landlord or tenant. The board’s actions shall be reviewable under 24 V.S.A. § 5006. (Added 1985, No. 175 (Adj. Sess.), § 1; amended 1987, No. 116, § 2; 1991, No. 229 (Adj. Sess.), § 1; 2007, No. 176 (Adj. Sess.), § 45.)