Vermont Statutes
Chapter 131 - Licensing Requirements
§ 4813h. Nonresident licensing

§ 4813h. Nonresident licensing
(a) Unless denied licensure pursuant to section 4804 of this title, a nonresident person shall receive a nonresident producer license if:
(1) The person is currently licensed as a resident and in good standing in his or her home state;
(2) The person has submitted the proper request for licensure and has paid the fees required by section 4800 of this title;
(3) The person has submitted or transmitted to the Commissioner the application for licensure that the person submitted to his or her home state, or in lieu of the same, a completed Uniform Application; and
(4) The person’s home state awards nonresident producer licenses to residents of this State on the same basis.
(b) The Commissioner may verify the producer’s licensing status through the producer database maintained by the National Association of Insurance Commissioners, its affiliates or subsidiaries.
(c) A nonresident producer who moves from one state to another state or a resident producer who moves from this State to another state shall file a change of address and provide certification from the new resident state within 30 days of the change of legal residence. No fee or license application is required.
(d) Notwithstanding any other provision of this chapter, the Commissioner may allow a person licensed as a limited lines producer in his or her home state to receive a nonresident limited lines producer license, pursuant to subsection (a) of this section, granting the same scope of authority as granted under the license issued by the producer’s home state. For the purposes of this section, limited lines insurance is any authority granted by the home state which restricts the authority of the license to less than the total authority prescribed in the associated major lines pursuant to subdivisions 4813g(a)(1) through (6) of this subchapter. (Added 2001, No. 97 (Adj. Sess.), § 18.)

Structure Vermont Statutes

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 131 - Licensing Requirements

§ 4791. Definitions

§ 4793. General license requirements

§ 4795. Controlled business

§ 4796. Commissions; payment; acceptance

§ 4797. License contents

§ 4798. Term of license

§ 4800. License requirements

§ 4800a. Continuing education

§ 4802. Consultants

§ 4803. Adjusters, workers’ compensation adjusters, public adjusters and appraisers, qualifications, and requirements

§ 4804. License denial; nonrenewal; or termination causes

§ 4805. Hearings

§ 4806. Suspension, revocation, or termination of license

§ 4807. Surplus lines insurance broker

§ 4808. Representative of fraternal benefit societies

§ 4809. Countersignature

§ 4812. Rules and regulations

§ 4813. Purpose and scope

§ 4813a. Definitions

§ 4813b. License required

§ 4813c. Duties

§ 4813d. Exceptions to licensing

§ 4813e. Application for examination

§ 4813f. Application for license

§ 4813g. License

§ 4813h. Nonresident licensing

§ 4813i. Exemption from examination

§ 4813j. Assumed names

§ 4813k. Temporary licensing

§ 4813l. Appointments

§ 4813m. Notification to Commissioner of termination

§ 4813n. Reciprocity

§ 4813o. Reporting of actions

§ 4815. Definitions

§ 4816. Applicability of subchapter to controlling producers

§ 4817. Licensure

§ 4818. Contract required

§ 4819. Duties of insurers and reinsurers

§ 4820. Examination authority

§ 4821. Maintenance of books and records

§ 4822. Sanctions

§ 4823. Other requirements of managing general agents and reinsurance intermediaries

§ 4824. Other requirements of controlling producers

§ 4826. Uniform interstate licensing