Surety Bonds in Vermont
3 bond types covered for Vermont with statute-cited requirements, bond amounts, and filing process. Pages are sourced from official VT government documents and updated as laws change.
Residential Contractor Registration
No state bond required
No surety bond required for Residential Contractor Registration. Liability insurance ($1M per occurrence / $2M aggregate) required in lieu of bond.
Statute: 26 V.S.A. ch. 106 (Residential Contractors)
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Motor Vehicle Dealer Bond
$20,000 to $35,000
Between $20,000 and $35,000, set by the Commissioner of Motor Vehicles based on number of units sold the previous year. Per 23 V.S.A. § 453(g).
Statute: 23 V.S.A. § 451 (dealer registration) and 23 V.S.A. § 453(g) (bond/letter of credit/CD requirement)
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Notary Public Bond
No state bond required
No surety bond required by Vermont law.
Statute: 26 V.S.A. Chapter 103 (Notaries Public); 26 V.S.A. Section 5341
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