Vermont § 2907 Additional bond

Vermont Statutes

§ 2907 — Additional bond

Vermont § 2907

Title 8Title 8: Banking and Insurance

Ch. 85Chapter 085: Loan Servicers

This text of Vermont § 2907 (Additional bond) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 8, § 2907 (2026).

Text

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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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.)