Vermont § 3009 - Discontinuance, revocation, and reinstatement of licenses

§ 3009. Discontinuance, revocation, and reinstatement of licenses

• (a) When any person ceases to be a licensee by reason of a discontinuance, sale, or transfer
  of his or her business at any location, he or she shall notify the Commissioner in
  writing by mail at the time the discontinuance, sale, or transfer takes effect. The
  notice shall give the date of discontinuance and, in the event of a sale or transfer
  of the business, the name and address of the purchaser or transferee. All taxes, interest,
  and penalties not yet due and payable under the provisions of this chapter shall be
  due and payable, notwithstanding such provisions, concurrently with the discontinuance,
  sale, or transfer. The licensee shall file a report by mail and simultaneously pay
  all taxes, interest, penalties, and other expenses due by him or her and surrender
  to the Commissioner the license certificate issued to him or her together with all
  duplicates and copies, and a user shall remove and surrender to the Commissioner all
  identification markers from his or her motor vehicles. Until such notice has been
  given to the Commissioner by a licensee required to file a bond, the seller and his
  or her surety shall be liable for the taxes, interest, penalties, and other expenses
  accruing against the transferee, but only to the extent of the value of the property
  transferred. (b) The Commissioner may suspend or revoke the license, the right to operate any vehicle,
  and any registrations of a person who fails to comply with any provision of this chapter
  or any rule adopted pursuant to this chapter. Such suspension or revocation shall
  be effective upon not less than 15 days’ notice unless within those 15 days the licensee
  mails a written request for a hearing to show cause why the suspension or revocation
  should not become effective. (c) The Commissioner may reinstate a suspended license or issue a new license at any time
  upon satisfaction by the licensee of the delinquency for which such license was revoked. (Added 1981, No. 172 (Adj. Sess.), § 1; amended 1983, No. 44, § 9, eff. April 21, 1983; 2019, No. 149 (Adj. Sess.), § 17, eff. July 13, 2020.)