Vermont Statutes
§ 8016 — Fees for administration of this chapter
Vermont·Title 8 Title 8: Banking and Insurance·Ch. 151 Chapter 151: Continuing Care Retirement Communities
(a)An application for a certificate of authority shall be accompanied by a fee of $1,500.00.
(b)The Department shall be reimbursed for any expenses it reasonably incurs itself or by its agents in pursuing the following statutory duties:
(1)(A) review of rates charged by operators;
(B)review of contract forms;
(C)monitoring compliance with statutory and regulatory requirements;
(D)general enforcement of statutory requirements; and
(E)preparation and publication of a consumers’ guide.
(2)The Commissioner shall annually, before August 16, apportion the expenses incurred in performing the enumerated duties among providers based on their annual gross revenue for their most recent fiscal year.
(c)The Department shall be reimbursed by a provider for any expenses reasonably incurred by the
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Nearby Sections
15
§ 8001
Definitions§ 8007
Refunds§ 8008
Escrow of entrance fees§ 8009
Reserve requirements§ 8010
Disclosure§ 8012
Enforcement§ 8014
Rules§ 8015
Nondiscrimination