§ 3103. Discontinuance, revocation, and reinstatement of licenses
(a) When any person ceases to be a licensee by reason of a discontinuance, sale, or transfer of his or her business at any location, he or she shall notify the Commissioner in writing by mail at the time the discontinuance, sale, or transfer takes effect. The notice shall give the date of discontinuance and, in the event of a sale or transfer of the business, the name and address of the purchaser or transferee. All taxes, interest, and penalties not yet due and payable under the provisions of this chapter shall be due and payable, notwithstanding those provisions, concurrently with the discontinuance, sale, or transfer. The licensee shall mail a report and simultaneously pay all taxes, interest, penalties, and other expenses due by him or her and surrender to the Commissioner the license certificate issued to him or her together with all duplicates and copies. Until the notice has been mailed to the Commissioner by a licensee, the seller and his or her surety shall be liable for the taxes, interest, penalties, and other expenses accruing against the transferee, but only to the extent of the value of the property transferred.
(b) The Commissioner may suspend or revoke the license, the right to operate any vehicle, and any registrations of a person who fails to comply with any provision of this chapter or any rule adopted pursuant to this chapter. The suspension or revocation shall be effective upon not less than 15 days’ notice unless within those 15 days the licensee mails a written request for a hearing to show cause why the suspension or revocation should not become effective.
(c) The Commissioner may reinstate a suspended license or issue a new license at any time upon satisfaction by the licensee of the delinquency for which the license was revoked. (Added 1985, No. 207 (Adj. Sess.), § 1; amended 2019, No. 149 (Adj. Sess.), § 18, eff. July 13, 2020.)
Structure Vermont Statutes
§ 3102. Licensing and bonding of distributors
§ 3103. Discontinuance, revocation, and reinstatement of licenses
§ 3104. Calibration of tank vehicles
§ 3105. Records of sales and importations
§ 3106. Imposition, rate, and payment of tax
§ 3106a. Imposition, rate, and payment of license fee
§ 3107. Alternative basis for computing tax
§ 3109. Failure to file a report or pay the tax when due; penalty
§ 3110. Additional assessment; time limit
§ 3111. Neglect or refusal to file a report; estimate of tax by Commissioner; penalty and interest
§ 3112. Assessment; hearing permitted
§ 3113. Reports of common carriers
§ 3116. Proceedings to recover tax
§ 3117. Bond requirement; amount; failure of security
§ 3118. Bulk sales; transferee liability
§ 3120. Tax liability as property lien; discharge and foreclosure
§ 3171. Imposition and rate of reciprocal tax
§ 3172. Agreements for reciprocal waiver of tax