2011 Vermont Code
Title 08 Banking and Insurance
Chapter 85 LOAN SERVICERS
§ 2919 Annual report; financial statements
§ 2919. Annual report; financial statements
(a) Annually, on or before April 1, each licensee shall file a report with the commissioner giving such relevant information as the commissioner reasonably may require concerning the business and operations during the preceding calendar year of each licensed place of business. Such report shall be made under oath and shall be in the form prescribed by the commissioner.
(b) Annually, within 90 days of the end of its fiscal year, each licensee shall file financial statements with the commissioner in a form and substance satisfactory to the commissioner, which financial statements must include a balance sheet and income statement. (Added 2009, No. 96 (Adj. Sess.), { 1, eff. Jan. 1, 2011.)
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