§4208. Construction of illegal policies

Link to law: http://legislature.vermont.gov/statutes/section/08/113/04208
Published: 2015

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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

113

:
LIABILITY INSURANCE






Subchapter

001
:
POLICIES










 

§

4208. Construction of illegal policies

A policy issued

in violation of such provisions shall be held valid, but shall be construed as

provided in such provisions. When a provision in such policy is in conflict

with such provisions, the rights, duties, and obligations of the insurer, the

policyholder and the beneficiary shall be governed by such provisions.