State statute · Vermont
Vt. Stat. tit. 8, s. 4800: License requirements
Edition and licensing notes
Publisher. Vermont General Assembly (legislature.vermont.gov)
Status. Vermont Statutes, public domain.
What this document is
Vt. Stat. tit. 8, s. 4800 - License requirements is a state statute published by Vermont General Assembly (legislature.vermont.gov). It is one of the Vermont documents that insurance license exam questions are written from, including vermont life & health, vermont property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Vt. Stat. tit. 8, § 4800 § 4800(3)(C) (Applicant fitness qualifications)
“An applicant for any license under this chapter must be deemed by the Commissioner to be competent, trustworthy, financially responsible, and of good personal and business reputation.”
- Vt. Stat. tit. 8, § 4800 § 4800(3)(E)(i) (Refusal to issue license)
“If the Commissioner finds that the applicant has not fully met the requirements for licensing, the Commissioner shall refuse to issue the license”
- Vt. Stat. tit. 8, § 4800 § 4800(3)(D)(i) (Written examination requirement)
“the Commissioner shall subject each applicant for license as an insurance producer, surplus lines insurance broker, consultant, limited lines producer, adjuster, public adjuster, or appraiser to a written examination or series of written examinations as to the applicant’s competence to act as a...”
- Vt. Stat. tit. 8, § 4800(3)(D)(iii) (License requirements: business entity applicants)
“At the discretion of the Commissioner, an applicant for a license may be a business entity; however, this subdivision shall not affect the requirement of any natural person to be licensed as required under this chapter.”
- Vt. Stat. tit. 8, § 4800(3)(B)(iv) (License requirements: nonresident examination waiver)
“A nonresident of this State may be licensed at the discretion of the Commissioner without taking an otherwise required written examination if the applicant has passed a comparable written examination, or has been a continuous holder prior to the time the written examination was required, of a...”
- Vt. Stat. tit. 8, § 4800(3)(A) (License requirements: resident qualification)
“An applicant may qualify as a resident if the applicant resides in this State or maintains the applicant’s principal place of business in this State. Any license issued pursuant to any application claiming residency for licensing purposes, as defined in this section, in this State shall constitute...”
- Vt. Stat. tit. 8, § 4800(3)(D)(ii) (Interim licenses)
“(ii) The Commissioner may issue interim licenses not to be valid for more than 24 months or such lesser time as the Commissioner may deem appropriate for such lines of insurance as the Commissioner may deem appropriate. The qualifications, requirements, and fees for an interim license will be the...”
- Vt. Stat. tit. 8, § 4800(2)(B) (License requirements; fees)
“(B) An appointment or license shall terminate upon failure to pay the prescribed fees.”
- Vt. Stat. tit. 8, § 4800(3)(A) (License requirements; residency and election of residency)
“An applicant may qualify as a resident if the applicant resides in this State or maintains the applicant’s principal place of business in this State. Any license issued pursuant to any application claiming residency for licensing purposes, as defined in this section, in this State shall constitute...”
- Vt. Stat. tit. 8, § 4800(3)(B)(ii) (Nonresident applicant; service of process on the Commissioner)
“An application for a license by a nonresident applicant shall constitute designation by the applicant of the Commissioner and the Commissioner’s successors in office, to be the applicant’s true and lawful attorney, upon whom may be served all lawful process in any action, suit, or proceeding...”
- Vt. Stat. tit. 8, § 4800(3)(F) (License requirements; notice of address change)
“Every licensee shall notify the Commissioner of any change in the licensee’s residential or business address within 30 days after the change.”
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Questions about this source
More Vermont sources
- Vt. Stat. Ann. tit. 8, ch. 103: Life insurance policy provisionsState statute
- Vt. Stat. tit. 8, s. 4723 - Unfair methods of competition or unfair or deceptive acts or practices prohibitedState statute
- Vt. Stat. tit. 8, s. 4724 - Unfair methods of competition or unfair or deceptive acts or practices definedState statute
- Vt. Stat. tit. 8, s. 4804 - License denial, nonrenewal, or termination causesState statute
- Vermont Statutes Title 8 Chapter 107 - Health Insurance (Secs. 4011-4093)State statute
- Vermont Producer's Examination for Casualty Insurance (Series 14-42) - Exam Content OutlineCandidate handbook or exam outline
- Vermont Producer's Examination for Life, Accident, Health and HMO - Exam Content Outline (Series 14-29)Candidate handbook or exam outline
- Vermont Producer's Examination for Personal Lines Insurance (Series 14-39) - Exam Content OutlineCandidate handbook or exam outline