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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

131

:
LICENSING REQUIREMENTS






Subchapter

001
:
PRODUCERS










 

§

4793. General license requirements

(a) No person,

partnership, association, or corporation shall act as or hold himself or

herself out to be an insurance producer, surplus lines insurance broker,

managing general agent, reinsurance intermediary, limited lines producer,

consultant, insurance adjuster, or insurance appraiser unless duly licensed.

(b) No insurance

producer, surplus lines insurance broker or limited lines producer shall make

application for, procure, negotiate for or place for others, any lines of

insurance as to which he or she is not then qualified and duly licensed.

(c) No person

shall investigate or negotiate settlement of any claim arising under 21 V.S.A.

chapters 9 and 11 unless the person is licensed as a workers' compensation adjuster

under this subchapter. (Amended 1969, No. 175 (Adj. Sess.), § 5, eff. March 5,

1970; 1973, No. 217 (Adj. Sess.), § 3; 1991, No. 249 (Adj. Sess.), § 19; 1993,

No. 225 (Adj. Sess.), § 24; 2001, No. 97 (Adj. Sess.), § 4.)