Vermont § 2105 Contents of license; nontransferable

Vermont Statutes

§ 2105 — Contents of license; nontransferable

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 72 Chapter 072: General Provisions

(a)A license shall state the address at which a licensee will conduct its business, shall state fully the name of the licensee, and, if the licensee is not an individual, shall state the date and place of its organization or incorporation.

(b)A mortgage loan originator license shall state fully the name of the individual, his or her sponsoring company, and the licensed location to which he or she is assigned.

(c)A licensee shall not transfer or assign a license.

(d)The Commissioner, in his or her discretion, may issue a license through the NMLS.

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(a) A license shall state the address at which a licensee will conduct its business, shall state fully the name of the licensee, and, if the licensee is not an individual, shall state the date and place of its organization or incorporation.
(b) A mortgage loan originator license shall state fully the name of the individual, his or her sponsoring company, and the licensed location to which he or she is assigned.
(c) A licensee shall not transfer or assign a license.
(d) The Commissioner, in his or her discretion, may issue a license through the NMLS.

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