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 079 : Money Services
Subchapter 005 : REPORTING AND RECORDS FOR MONEY TRANSMITTERS
(Cite as: 8 V.S.A. § 2532)-
§ 2532. Authorized delegate reporting
(a) Each licensee shall submit a report of authorized delegates within 45 days after the end of the calendar quarter. The Commissioner is authorized and encouraged to use NMLS for the submission of the report required by this section provided that such functionality is consistent with the requirements of this section.
(b) The authorized delegate report shall include, at a minimum, each authorized delegate’s:
(1) company legal name;
(2) taxpayer employer identification number;
(3) principal provider identifier;
(4) physical address;
(5) mailing address;
(6) any business conducted in other states;
(7) any fictitious or trade name;
(8) contact person name, phone number, and email;
(9) start date as licensee’s authorized delegate;
(10) end date acting as licensee’s authorized delegate, if applicable;
(11) any administrative, civil, or criminal order against an authorized delegate concerning their activity as an authorized delegate; and
(12) any other information the Commissioner reasonably requires with respect to the authorized delegate. (Added 2023, No. 110 (Adj. Sess.), § 44, eff. July 1, 2024.)
