14-008 Code Vt. R. 14-050-008-X - GASOLINE DISTRIBUTOR RULES
GASOLINE DISTRIBUTOR REGULATIONS
1. In lieu of the increased bond, a
distributor shall present a report on financial position annually to include an
income statement, balance sheet and statement of changes in financial
condition. The financial statements shall be reviewed by a Certified or
Registered Public Accountant and will be the result of a "review of financial
statements" as defined by the American Institute of Certified Public
Accountants (AICPA) - a "compilation" is not acceptable. (Defined
AICPA)
2. All distributors shall
submit a current application annually.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.