2012 Vermont Statutes
Title 23 Motor Vehicles
§ 1404 Bond required

23 V.S.A. § 1404. What's This?

§ 1404. Bond required

In his discretion, the commissioner of motor vehicles shall require the applicant to file a bond of certificate of insurance in such amount as in his judgment seems adequate to cover any probable damage that may be occasioned by the use and operation of such tractor, trailer, motor truck, or other motor vehicle, executed by the applicant as principal and by a surety company authorized to transact business in this state as surety, conditional to pay all injuries or damages sustained by the state or by any municipality or person in consequence of the failure to comply with the provisions of such permit, or the excessive weight allowed by such permit, or the careless, negligent, or unlawful act of such principal, his or her agents or servants. (Amended 1969, No. 212 (Adj. Sess.), § 5, eff. March 25, 1970.)

Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.