The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 8 : Banking and Insurance
Chapter 072 : General Provisions
(Cite as: 8 V.S.A. § 2105)-
§ 2105. Contents of license; nontransferable
(a) A license shall state the address at which a licensee will conduct its business, shall state fully the name of the licensee, and, if the licensee is not an individual, shall state the date and place of its organization or incorporation.
(b) A mortgage loan originator license shall state fully the name of the individual, his or her sponsoring company, and the licensed location to which he or she is assigned.
(c) A licensee shall not transfer or assign a license.
(d) The Commissioner, in his or her discretion, may issue a license through the NMLS. (Added 2019, No. 20, § 2; amended 2021, No. 25, § 6, eff. May 12, 2021.)
