Vermont § 4488 - Licensing of agents Agents of societies shall be licensed in accordance with the provisions of this section.
Full text of Vermont Vermont Statutes Online § 4488 — Licensing of agents Agents of societies shall be licensed in accordance with the provisions of this section., with citation guidance and answers to common questions.
§ 4488. Licensing of agents Agents of societies shall be licensed in accordance with the provisions of this section.
- (1) Insurance agent defined. The term “insurance agent” as used in this section means any authorized or acknowledged
agent of a society who acts as such in the solicitation, negotiation, procurement,
or making of a life insurance, accident and health insurance, or annuity contract. (2) License required. Any person who in this State acts as insurance agent for a society without having
authority so to do by virtue of a license issued and in force pursuant to the provisions
of this section shall, except as provided in subdivision (1) of this section, be guilty
of a misdemeanor. (3) Payment of commissions forbidden. No society doing business in this State may pay any commission or other compensation
to any person for any services in obtaining in this State any new contract of life,
accident, or health insurance, or any new annuity contract, except to a licensed insurance
agent of the society and except to an agent exempted by the Commissioner of Financial
Regulation. (4) Prerequisites, issuance, and renewal of insurance agents’ licenses. (A) The Commissioner of Financial Regulation may issue a license to any person who has
paid an annual license fee of $30.00 and who has complied with the requirements of
this section, authorizing the licensee to act as an insurance agent on behalf of any
society named in the license that is authorized to do business in this State. (B) Before any insurance agent’s license shall be issued, there shall be on file at the
Department of Financial Regulation the following documents:
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 4488
What does Vermont Statutes Online § 4488 cover?
Section 4488 ("Licensing of agents Agents of societies shall be licensed in accordance with the provisions of this section.") 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 § 4488?
A common citation format is "Vermont Statutes Online § 4488" (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 § 4488 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.