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The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
103
:
LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS
Subchapter
003B
:
STANDARD NONFORFEITURE LAW FOR LIFE INSURANCE
§
3773. Effective date; applicability
After the
effective date of this subchapter, any company may file with the Commissioner a
written notice of its election to comply with the provisions of this subchapter
after a specified date before January 1, 1948. After the filing of such notice,
then upon the specified date (which shall be the operative date for the
company), this subchapter shall become operative with respect to the policies
thereafter issued by the company. If a company makes no such election, the
operative date of this subchapter for the company shall be January 1, 1948.
(Added 2015, No. 63, § 2, eff. June 17, 2015.)