Vermont § 764 Bond

Vermont Statutes

§ 764 — Bond

Vermont·Title 6 Title 6: Agriculture·Ch. 63 Chapter 063: Livestock-Related Businesses, Auctions, and Sales Rings

(a)Before the Secretary issues a livestock dealer or packer license under this chapter, an applicant shall furnish the Secretary with a surety bond in the amount of not less than $10,000.00 executed by a surety company authorized to do business in this State.

(b)[Repealed.]

(c)All bonds required under this section shall be in the form required under 9 C.F.R. § 201.30, as amended over time. In lieu of a surety bond required under this section, the Secretary may accept a financial instrument or alternate form of surety authorized under 9 C.F.R. § 201.30.

(d)-

(g)[Repealed.]

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(a) Before the Secretary issues a livestock dealer or packer license under this chapter, an applicant shall furnish the Secretary with a surety bond in the amount of not less than $10,000.00 executed by a surety company authorized to do business in this State.
(b) [Repealed.]
(c) All bonds required under this section shall be in the form required under 9 C.F.R. § 201.30, as amended over time. In lieu of a surety bond required under this section, the Secretary may accept a financial instrument or alternate form of surety authorized under 9 C.F.R. § 201.30.
(d)-(g) [Repealed.]

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Legislative History

(Amended 1959, No. 91, § 3, eff. April 7, 1959; 1961, No. 38; 1973, No. 76, § 1, eff. April 13, 1973; 1983, No. 36; 1987, No. 17; 1989, No. 15; 1993, No. 74, §§ 2, 3; 2003, No. 42, § 2, eff. May 27, 2003; 2017, No. 30, § 1.)