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§4832. Scope of chapter; existing insurers


Published: 2015

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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

132

:
RECIPROCAL INSURERS











 

§

4832. Scope of chapter; existing insurers

(a) All

authorized reciprocal insurers shall be governed by those provisions of this

chapter not expressly made applicable to domestic reciprocal insurers.

(b) Existing

authorized reciprocal insurers shall after March 31, 1971 comply with this

chapter, and shall make such amendments to their subscribers' agreement, power

of attorney, policies, and other documents and accounts and perform such other

acts as may be required for such compliance. (Added 1971, No. 31, § 1, eff.

March 31, 1971.)