Vt. Stat. Ann. tit. 8, § 4250
Examinations
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
For the purpose of determining the provider's financial stability and protecting consumer interests, the Commissioner may conduct an examination of a provider concerning service contracts sold in this State to enable the Commissioner to determine compliance or noncompliance with this act. The expenses of examinations shall be paid to the State by the company or companies examined and the Commissioner of Finance and Management shall issue his or her warrants for the proper charges incurred in all examinations.
For the purpose of determining the provider’s financial stability and protecting consumer interests, the Commissioner may conduct an examination of a provider concerning service contracts sold in this State to enable the Commissioner to determine compliance or noncompliance with this act. The expenses of examinations shall be paid to the State by the company or companies examined and the Commissioner of Finance and Management shall issue his or her warrants for the proper charges incurred in all examinations.
Added 1997, No. 109 (Adj. Sess.), § 2, eff. Sept. 1, 1998.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.