Vermont Statutes
Chapter 150 - Securities Act
§ 5614. Recovery of expenses

§ 5614. Recovery of expenses
(a) Whenever it is necessary for the Commissioner to incur any expense in connection with any application, notification, registration, license, investigation, or administrative proceeding, the Commissioner may require that any person who is the subject of such application, notification, registration, license, investigation, or administrative proceeding pay the reasonable costs incurred by the Department.
(b) The Commissioner may impose a reasonable fee for the expense of conducting an examination, audit, or inspection under this chapter, including reimbursement to the Commissioner for actual traveling and lodging expenses of the Commissioner or employee in connection with such examination, audit, or inspection.
(c) The provisions of this section are in addition to, and not in limitation of, any other provision of this chapter regarding fees and recovery of expenses. (Added 2007, No. 49, § 24; 2007, No. 76, § 25, eff. June 7, 2007.)

Structure Vermont Statutes