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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

101

:
INSURANCE COMPANIES GENERALLY






Subchapter

002
:
FOREIGN AND ALIEN COMPANIES LICENSING AND REGULATION










 

§

3364. Authorization for investment purposes only

Such insurer may

make investments in this state without qualifying to do business in this state

as a foreign corporation under the general corporation law or as a foreign or

alien insurer under this article provided such insurer constitutes the

secretary of state as his or her agent for the service of process and enters

into a stipulation with said secretary to submit to the jurisdiction of the

courts of this state. (1967, No. 344 (Adj. Sess.), § 1 (ch. 1, subch. 2, § 4).)