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2011 Vermont Code
Title 08 Banking and Insurance
Chapter 85 LOAN SERVICERS
§ 2907 Additional bond


8 VT Stats § 2907. (2011 through Adj Sess) What's This?

§ 2907. Additional bond

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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