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The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
132
:
RECIPROCAL INSURERS
§
4852. Aggregate liability
No one policy or
subscriber as to a policy shall be assessed or charged with an aggregate of
contingent liability as to obligations incurred by a domestic reciprocal
insurer in any one calendar year, in excess of the amount provided for in the
power of attorney or in the subscribers' agreement, computed solely upon
premium earned on such policy during that year. (Added 1971, No. 31, § 1, eff.
March 31, 1971.)