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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

128

:
PROPERTY AND CASUALTY INSURANCE RATE REGULATION






Subchapter

002
:
GENERAL ADMINISTRATION OF CHAPTER










 

§

4702. Monitoring competition

In determining

whether or not a competitive market exists pursuant to section 4684 of this

title, the Commissioner shall monitor the degree of competition in this State.

In doing so, the Commissioner shall utilize existing relevant information,

analytical systems, and other sources; cause or participate in the development

of new relevant information, analytical systems, and other sources; or rely on

some combination thereof. Such activities may be conducted internally within

the Department of Financial Regulation, in cooperation with other state

insurance departments, through outside contractors or in any other appropriate

manner. (Added 1983, No. 238 (Adj. Sess.), § 1; amended 1989, No. 225 (Adj.

Sess.), § 25; 1995, No. 180 (Adj. Sess.), § 38; 2011, No. 78 (Adj. Sess.), § 2,

eff. April 2, 2012.)