Default — Vermont Code § 8513

§ 8513. Default

• (a) If the Commission determines that any compacting state has at any time defaulted (“defaulting
  state”) in the performance of any of its obligations or responsibilities under this
  compact, the bylaws or duly adopted rules or operating procedures, after notice and
  hearing as set forth in the bylaws, all rights, privileges, and benefits conferred
  by this compact on the defaulting state shall be suspended from the effective date
  of default as fixed by the Commission. The grounds for default include failure of
  a compacting state to perform its obligations or responsibilities and any other grounds
  designated in Commission rules. The Commission shall immediately notify the defaulting
  state in writing of the defaulting state’s suspension pending a cure of the default.
  The Commission shall stipulate the conditions and the time period within which the
  defaulting state must cure its default. If the defaulting state fails to cure the
  default within the time period specified by the Commission, the defaulting state shall
  be terminated from the compact and all rights, privileges, and benefits conferred
  by this compact shall be terminated from the effective date of termination. (b) Product approvals by the Commission or product self-certifications, or any advertisement
  in connection with such product that are in force on the effective date of termination
  shall remain in force in the defaulting state in the same manner as if the defaulting
  state had withdrawn voluntarily pursuant to section 8512 of this chapter. (c) Reinstatement following termination of any compacting state requires a reenactment
  of the compact. (Added 2005, No. 70, § 2.)