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State statute · Vermont

License denial, nonrenewal, or termination causes

Vt. Stat. tit. 8, s. 4804

Publisher
Vermont General Assembly
Edition
Vermont Statutes, retrieved 2026-08-28
Last checked
2026-08-28
Status
Vermont Statutes, public domain
Edition and licensing notes

Publisher. Vermont General Assembly (legislature.vermont.gov)

Status. Vermont Statutes, public domain.

Read the official textPractice questions from this source

What this document is

Vt. Stat. tit. 8, s. 4804 - License denial, nonrenewal, or termination causes 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, § 4804(a)(1) (license application information)
    “Providing incorrect, misleading, incomplete, or materially untrue information in the license application;”
  • Vt. Stat. tit. 8, § 4804(a)(5) (misappropriation of client funds)
    “Improperly withholding, misappropriating, or converting to his or her own use any monies belonging to policyholders, insurers, beneficiaries or others received in the course of his or her insurance business;”
  • Vt. Stat. tit. 8, § 4804(a)(3) (violation of insurance laws or orders)
    “Violation of, or noncompliance with, any insurance laws, or for violation of any lawful rule, regulation, subpoena, or order of the Commissioner or of a commissioner of another state;”
  • Vt. Stat. tit. 8, § 4804(b) (Business entity license)
    “(b) The license of a business entity may be suspended, revoked, or refused if the Commissioner finds, after notice and opportunity for a hearing, that an individual licensee’s violation was known or should have been known by one or more of the partners, officers, directors, or managers acting on...”
  • Vt. Stat. tit. 8, § 4804(a) (License denial, nonrenewal, or termination causes)
    “(a) The Commissioner may suspend, revoke, or refuse to continue or renew any license issued under this chapter if, after notice to the licensee and to the insurer represented, and opportunity for hearing, he or she finds as to the licensee any one or more of the following conditions: (1) Providing...”
  • Vt. Stat. tit. 8, § 4804(c) (Notice of reasons and demand for hearing)
    “In the event that the action by the Commissioner is to not renew or to deny an application for a license, he or she shall notify the applicant or licensee and advise, in writing, the applicant or licensee of the reasons for the denial or nonrenewal of the applicant’s or licensee’s license. The...”
  • Vt. Stat. tit. 8, § 4804(d) (Administrative penalty)
    “(d) In addition to or in lieu of any applicable denial, suspension, or revocation of a license, any person violating this subchapter may, after hearing, be subject to an administrative penalty of not less than $500.00 nor more than $2,500.00.”
  • Vt. Stat. tit. 8, § 4804(b) (License of a business entity)
    “The license of a business entity may be suspended, revoked, or refused if the Commissioner finds, after notice and opportunity for a hearing, that an individual licensee’s violation was known or should have been known by one or more of the partners, officers, directors, or managers acting on behalf...”

Practice this material

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Questions about this source

Vt. Stat. tit. 8, s. 4804 - License denial, nonrenewal, or termination causes is a state statute published by Vermont General Assembly (legislature.vermont.gov). Edition: Vermont Statutes, retrieved 2026-08-28.

No. This page summarizes the document and links to the official version. Always rely on the text published by Vermont General Assembly (legislature.vermont.gov) for the current law.

Practice questions for Vermont Life & Health, Vermont Property & Casualty cite this document.

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