§ 2102 - Foreign company; certificate of authority; fee - Vermont Statutes

§ 2102. Foreign company; certificate of authority; fee

A probate court shall not accept a foreign fidelity insurance company as surety on a bond required to be filed in such court, unless such company is authorized to do business in this state and has filed in such court a certificate of the commissioner of banking, insurance, securities, and health care administration that such company is so authorized. A fee of $1.00 for each certificate so issued shall be paid to the commissioner of banking, insurance, securities, and health care administration for the benefit of the state by the company requesting its issuance. (Amended 1989, No. 225 (Adj. Sess.), § 25(b); 1995, No. 180 (Adj. Sess.), § 38(a).)