Vermont § 2506 - Application for license; additional information
Full text of Vermont Vermont Statutes Online § 2506 — Application for license; additional information, with citation guidance and answers to common questions.
§ 2506. Application for license; additional information
- (a) In addition to the information required by section 2102 of this title, an application for a license under this subchapter shall state or contain: (1) a description of any money services previously provided by the applicant and the money
services that the applicant seeks to provide in this State; (2) a list of the applicant’s proposed authorized delegates and the locations in Vermont
where the applicant and its authorized delegates propose to engage in money transmission
or provide other money services; (3) a list of other states in which the applicant is licensed to engage in money transmission
or provide other money services; (4) information concerning any bankruptcy or receivership proceedings affecting the licensee
or a person in control of a licensee; (5) a sample form of contract for authorized delegates, if applicable; (6) a sample form of payment instrument or instrument upon which stored value is recorded,
as applicable; and (7) the name and address of any financial institution through which the applicant plans
to conduct money services. (b) For good cause shown and consistent with the purposes of this section, the Commissioner
may waive one or more requirements of this section or permit an applicant to submit
substituted information in lieu of the required information. (Added 2023, No. 110 (Adj. Sess.), § 40, eff. July 1, 2024.)
Frequently Asked Questions About Vermont § 2506
What does Vermont Statutes Online § 2506 cover?
Section 2506 ("Application for license; additional information") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 2506?
A common citation format is "Vermont Statutes Online § 2506" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 2506 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.