Vermont Statutes

§ 2907 — Additional bond

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 85 Chapter 085: Loan Servicers
If the Commissioner finds at any time that a licensee’s bond is insecure, exhausted, insufficient, or otherwise doubtful, the Commissioner shall require one or more additional bonds meeting the standards set forth in section 2903 of this chapter. The licensee shall file the bond within 10 days of the Commissioner’s written demand to do so. (Added 2009, No. 96 (Adj. Sess.), § 1, eff. Jan. 1, 2011.)

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