The Vermont Statutes Online
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
NOTE: The online version of the Vermont Statutes does NOT yet include the actions of the 2023 legislative session. The 2023 updates should be available by the end of October.
§ 7554a. Approval of fidelity companies and agents; duty of Court Administrator
The Court Administrator, after consultation with the Commissioner of Financial Regulation, may approve an entity that is licensed or authorized under the provisions of 8 V.S.A. chapter 111, and any agent who is licensed under the provisions of 8 V.S.A. chapter 131, to act as a surety, or on behalf of a surety, in this State to execute a bond in the form established by the Court Administrator under subsection 7554(i) of this title, or post bail as required as a condition of release, and if so approved, the entity or agent shall not need to be approved by any court, judicial officer, or any other person. (Added 1993, No. 233 (Adj. Sess.), § 83, eff. June 21, 1994; amended 1995, No. 180 (Adj. Sess.), § 38(a); 2001, No. 124 (Adj. Sess.), § 3, eff. June 5, 2002; 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012.)