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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

105

:
FIRE AND CASUALTY INSURANCE






Subchapter

003
:
FIRE INSURANCE VALUATIONS










 

§

3964. Appointment of appraisers to determine valuation

The owner of a

building and the insurance company or agent shall each file with the

commissioner a list of not less than three disinterested persons competent to

act as appraisers of the building described in the notice. The commissioner

shall select one person from each of the lists so submitted who shall together

act as appraisers of the property, and, in case these two cannot agree, he or

she shall select a third competent and disinterested person who shall act as

third appraiser only as to matters regarding which the two appraisers first

appointed cannot agree.