§ 30805. Review of denial of application
(a) If the application is denied, the applicant may request that the Commissioner reconsider the application by making such request in writing, within 15 days of the denial, responding specifically to the Commissioner’s stated reason or reasons for denial. The Commissioner shall reconsider the application in light of the response stated in the applicant’s request for reconsideration.
(b) The Commissioner shall notify the applicant of the approval or denial of the applicant’s request for review of denial within 60 days of the filing of the request.
(c) The applicant may request review by the Superior Court in Washington County upon action brought in the usual form by an aggrieved party within 15 days after written notice of the denial of the request for reconsideration. (Added 2005, No. 16, § 1.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 220 - Supervision and Regulation
§ 30202. Fees and Department expenses
§ 30203. Rules and regulations
§ 30303. Emergency closing by credit union
§ 30401. Preservation of records
§ 30502. Periodic reports from state credit unions with an office or activity in this State
§ 30503. Exemption from annual report to Secretary of State
§ 30602. Confidentiality of investigation and examination reports
§ 30603. Examinations by federal regulatory agencies; departmental participation
§ 30604. Examinations; cooperative agreements
§ 30605. Cooperative and other agreements
§ 30701. Enforcement powers of Commissioner
§ 30702. Power of Commissioner to impose corrective action
§ 30705. Commissioner’s coordination of enforcement and corrective action with home state
§ 30801. Application of subchapter
§ 30803. Hearings on applications; decisions; general good standard
§ 30804. Notification of approval or denial of application