§ 884. Proof of insurance; notice of cancellation
A company issuing such insurance or indemnity bond shall file with the Commissioner proof that the required insurance or indemnity bond has been issued as shall be satisfactory to the Commissioner and such insurance or bond shall not lapse, expire, or be cancelled while the registration is in force until at least 20 days’ written notice of an intention to cancel has been given to the Commissioner. Upon receipt of the notice, the Commissioner shall immediately notify the insured of such intention to cancel, and that if other insurance or indemnity bond is not furnished within 15 days thereafter, the registration of the motor buses of the insured shall be cancelled and the number plates of such motor buses will be taken up by the Commissioner. (Amended 2019, No. 131 (Adj. Sess.), § 166.)
Structure Vermont Statutes
Chapter 11 - Financial Responsibility and Insurance
§ 800. Maintenance of financial responsibility
§ 801. Proof of financial responsibility required
§ 803. Proof of financial responsibility to be kept in force
§ 805. Waiver of defenses against injured party
§ 809. Waiver of proof of financial responsibility
§ 810. Uncompensated victims; reporting requirements
§ 841. Compulsory liability insurance or a surety bond
§ 842. Insurer or surety as co-defendant
§ 843. Amount of insurance or bond
§ 881. Compulsory liability insurance or bond
§ 882. Insurer or surety as co-defendant
§ 883. Amount of insurance or bond
§ 884. Proof of insurance; notice of cancellation
§ 885. Waiver of defenses against injured party
§ 886. Injured person may obtain name and description of insurer
§ 888. Alternative form of security
§ 941. Insurance against uninsured, underinsured, or unknown motorists
§ 942. Binders and renewal endorsements; binders of insurance