2019 Vermont Statutes
Title 23 - Motor Vehicles
Chapter 27 - Diesel Fuel Tax
§ 3012 Discharge of surety

Universal Citation: 23 V.S.A. § 3012

§ 3012. Discharge of surety

Any surety on a bond furnished by a licensee shall be discharged from any liability to the State accruing on the bond after expiration of 60 days from the date the surety shall have filed with the Commissioner a written request to be released and discharged, but the surety shall not be released or discharged from liability already accrued or which shall accrue before the expiration of the 60-day period. The Commissioner, upon receipt of such a request, shall promptly notify by mail the licensee who furnished the bond. Unless the licensee, prior to the expiration of the 60-day period, files a new bond satisfactory to the Commissioner, the Commissioner shall revoke his or her license. (Added 1981, No. 172 (Adj. Sess.), § 1.)

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