Vermont Statutes Title 8 Sec. 4826
Terms Used In Vermont Statutes Title 8 Sec. 4826
- Insurance producer: means a person required to be licensed under the laws of this State to sell, solicit, or negotiate insurance. See
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 4826. Uniform interstate licensing
Notwithstanding the provisions of subchapters 1 and 2 of this chapter or of chapter 142A of this title, the Commissioner may enter into reciprocal, cooperative, coordinating, and information sharing agreements with any other insurance producer licensing agency of any other jurisdiction in order to promote uniformity and efficiency of producer licensing among jurisdictions. Such agreements may be used to resolve conflicts arising from inconsistent licensing requirements of the laws of this State with the laws and regulations of any other jurisdiction. The Commissioner may approve a uniform producer license application or renewal form with tax or child support certification provisions that vary in form but not legal effect from those provided in 15 V.S.A. § 795 or 32 V.S.A. § 3113. The provisions of this subchapter shall apply to licenses granted under the provisions of chapters 131 and 142A of this title. (Added 1999, No. 38, § 2, eff. May 20, 1999.)