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The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
165
:
INTERSTATE INSURANCE PRODUCT REGULATION COMPACT
§
8504. Meetings and acts of the Commission
(a) The
Commission shall meet and take such actions as are consistent with the
provisions of this compact and the bylaws.
(b) Each member
of the Commission shall have the right and power to cast a vote to which that
compacting state is entitled and to participate in the business and affairs of
the Commission. A member shall vote in person or by such other means as
provided in the bylaws. The bylaws may provide for members' participation in
meetings by telephone or other means of communication.
(c) The
Commission shall meet at least once during each calendar year. Additional
meetings shall be held as set forth in the bylaws. (Added 2005, No. 70, § 2.)