# 8 V.S.A. § 2506: Application for license; additional information

> Vermont · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2506

## Section

- **Citation:** 8 V.S.A. § 2506
- **Heading:** Application for license; additional information
- **Jurisdiction:** Vermont
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** VT Code / Title 8 / Chapter 79 / Section 2506

## Text

(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.

## Nearby sections

- [8 V.S.A. § 2500 § 2500. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2500.md)
- [8 V.S.A. § 2501 § 2501. Transition period](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2501.md)
- [8 V.S.A. § 2502 § 2502. Relationship to federal law](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2502.md)
- [8 V.S.A. § 2503 § 2503. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2503.md)
- [8 V.S.A. § 2504 § 2504. Exemptions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2504.md)
- [8 V.S.A. § 2504a § 2504a. Authority to require demonstration of exemption](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2504a.md)
- [8 V.S.A. § 2505 § 2505. License required](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2505.md)
- [8 V.S.A. § 2506 § 2506. Application for license; additional information](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2506.md)
- [8 V.S.A. § 2507 § 2507. Money transmission kiosk registration](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2507.md)
- [8 V.S.A. § 2515 § 2515. Check cashing and currency exchange license required](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2515.md)
- [8 V.S.A. § 2516 § 2516. Application for license; additional information](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2516.md)
- [8 V.S.A. § 2519 § 2519. Activities of check cashers and currency exchanges](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2519.md)
- [8 V.S.A. § 2520 § 2520. Applicability of subchapters](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2520.md)
- [8 V.S.A. § 2525 § 2525. Relationship between licensee and authorized delegate](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2525.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2506. Check the current official text before relying on it. Not legal advice.