Terms Used In Vermont Statutes Title 8 Sec. 5034

  • Commissioner: means the Commissioner of Financial Regulation. See
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Month: shall mean a calendar month and "year" shall mean a calendar year and be equivalent to the expression "year of our Lord. See
  • Surplus lines broker: means an individual licensed under this chapter and chapter 131 of this title. See
  • Surplus lines insurance: means coverage not procurable from admitted insurers. See

§ 5034. Quarterly reports; summary of exported business

On or before the end of each month next following each calendar quarter, each surplus lines broker shall file with the Commissioner of Taxes, on forms prescribed by him or her, a verified report of all surplus lines insurance transacted during the preceding calendar quarter. (Added 1979, No. 50, § 2; amended 2001, No. 97 (Adj. Sess.), § 19; 2019, No. 51, § 36, eff. June 10, 2019.)