The Vermont Statutes Online
Banking and Insurance
4806. Surrender of license; loss or destruction of license
Commissioner shall promptly notify all appointing insurers, where applicable,
and the licensee regarding any suspension, revocation, or termination of
license by the Commissioner.
suspension, revocation, or termination of the license of a resident of this
State, the Commissioner shall notify the central office of the National
Association of Insurance Commissioners and the commissioner of each state for
whom the licensee has executed a certificate as provided for in accordance with
subdivision 4800(3) of this title.
suspension, revocation, or termination of a license, the licensee shall
forthwith deliver it to the Commissioner by personal delivery or by mail.
(d) Any licensee
who ceases to maintain his or her residency in this State as defined in
subdivision 4800(3) of this title, shall deliver his or her insurance license
or licenses to the Commissioner by personal delivery or by mail within 30 days
after terminating his or her residency.
Commissioner may issue a duplicate license for any lost, stolen, or destroyed
license issued pursuant to this subchapter upon an affidavit of the licensee
prescribed by the Commissioner concerning the facts of the loss, theft, or
destruction. (Added 1963, No. 178, § 1, eff. June 27, 1963; amended 1973, No.
217 (Adj. Sess.), § 16; 2001, No. 97 (Adj. Sess.), § 13.)