Vermont § 7525 - Delinquent payments
Full text of Vermont Vermont Statutes Online § 7525 — Delinquent payments, with citation guidance and answers to common questions.
§ 7525. Delinquent payments
- (a) If a report required by this chapter is not filed, or if a report when filed is incorrect
or insufficient, or if a provider fails to bill and collect amounts required by this
chapter, the fiscal agent shall determine a delinquency from information available
and shall so inform the provider. (b) Interest shall be charged on delinquent payments to the fiscal agent at the rate of
1.5 percent per month or part thereof. (c) The Public Utility Commission may hear appeals from any determinations of delinquency
made by the fiscal agent. Any such determination shall become final if not so appealed
within 60 days following its issuance. (d) Upon petition of the fiscal agent, the Public Utility Commission may impose, after
notice and an opportunity for hearing, civil penalties against a telecommunications
service provider who is delinquent in making payments to the fiscal agent. Any penalty
imposed may be based upon the size and duration of the violation, but no such penalty
shall exceed twice the amount of the delinquency or $1,000.00, whichever is larger. (e) A telecommunications service provider who has filed reports required by this chapter
shall not be liable for delinquent payments that were due more than three years before
the fiscal agent gave notice of delinquency to the provider. (f) Payments, interest, and penalties due under this chapter may be collected by civil
actions in the courts of this State initiated in the name of the State or fiscal agent. (Added 1993, No. 197 (Adj. Sess.), § 5; amended 1995, No. 99 (Adj. Sess.), § 15; 2005, No. 171 (Adj. Sess.), § 3; 2023, No. 85 (Adj. Sess.), § 454, eff. July 1, 2024.)
Frequently Asked Questions About Vermont § 7525
What does Vermont Statutes Online § 7525 cover?
Section 7525 ("Delinquent payments") 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 § 7525?
A common citation format is "Vermont Statutes Online § 7525" (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 § 7525 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.