The Vermont Statutes Online
The Statutes below include the actions of the 2025 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.
Subchapter
013
:
HOLDING COMPANIES AND SUBSIDIARIES
(Cite as: 8 V.S.A. § 3692)
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§ 3692. Revocation, suspension, or nonrenewal of insurer’s license
Whenever it appears to the Commissioner that any person has committed a violation
of this subchapter that makes the continued operation of an insurer contrary to the
interests of policyholders or the public, the Commissioner may, after giving notice
and an opportunity to be heard, determine to suspend, revoke, or refuse to renew such
insurer’s license or authority to do business in this State for such period as he
or she finds is required for the protection of policyholders or the public. Any such
determination shall be accompanied by specific findings of fact and conclusions of
law. (Added 1971, No. 72, § 2.)