§ 1455.
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/vt/title-21/chapter-17/1455A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 1455. Revocation
(a)The Commissioner may revoke approval of a plan for good cause. The revocation order shall be in writing and shall specify the date the revocation is effective and the reasons for revocation.
(b)Good cause shall include violation of any criteria on which approval of the plan was based.
(c)The action may be taken at any time by the Commissioner on the Commissioner’s own motion. The Commissioner shall review the operation of each qualified employer plan at least once during the first three months that the plan is in effect to ensure its compliance with the requirements of this subchapter. In addition, the Commissioner shall investigate any written complaint about the operation of the approved plan and determine in writing whether or not good cause exists for revocation. The determination to investigate is not appealable.
(d)An employer may appeal a revocation decision by the Commissioner and the appeal shall be treated as a contested case under the Administrative Procedure Act. (Added 1985, No. 140 (Adj. Sess.), § 1; amended 2023, No. 85 (Adj. Sess.), § 232, eff. July 1, 2024.)