The Vermont Statutes Online

Title 8: Banking and Insurance

Chapter 145: Supervision, Rehabilitation, and Liquidation of Insurers

• Subchapter 001: GENERAL PROVISIONS
•    § 7031. Definitions

•    § 7032. Jurisdiction and venue

•    § 7033. Injunctions and orders

•    § 7034. Cooperation of officers, owners, and employees

•    § 7035. Continuation of delinquency proceedings

•    § 7036. Condition on release from delinquency proceedings

• Subchapter 002: SUMMARY PROCEEDINGS
•    § 7041. Commissioner's summary orders and supervision proceedings

•    § 7042. Court's seizure order

•    § 7043. Confidentiality of hearings

• Subchapter 003: FORMAL PROCEEDINGS
•    § 7051. Grounds for rehabilitation

•    § 7052. Rehabilitation orders

•    § 7053. Powers and duties of the rehabilitator

•    § 7054. Actions by and against rehabilitator

•    § 7055. Termination of rehabilitation

•    § 7056. Grounds for liquidation

•    § 7057. Liquidation orders

•    § 7058. Continuance of coverage

•    § 7059. Dissolution of insurer

•    § 7060. Powers of liquidator

•    § 7061. Notice to creditors and others

•    § 7062. Duties of agents

•    § 7063. Actions by and against liquidator

•    § 7064. Collection and list of assets

•    § 7065. Fraudulent transfers prior to petition

•    § 7066. Fraudulent transfer after petition

•    § 7067. Voidable preferences and liens

•    § 7068. Claims of holders of void or voidable rights

•    § 7069. Setoffs

•    § 7070. Assessments

•    § 7071. Reinsurer's liability

•    § 7072. Recovery of premiums owed

•    § 7073. Domiciliary liquidator's proposal to distribute assets

•    § 7074. Filing of claims

•    § 7075. Proof of claim

•    § 7076. Special claims

•    § 7077. Special provisions for third-party claims

•    § 7078. Disputed claims

•    § 7079. Claims of surety

•    § 7080. Secured creditor's claims

•    § 7081. Priority of distribution

•    § 7082. Liquidator's recommendations to the court

•    § 7083. Distribution of assets

•    § 7084. Unclaimed and withheld funds

•    § 7085. Termination of proceedings

•    § 7086. Reopening liquidation

•    § 7087. Disposition of records during and after termination of liquidation

•    § 7088. External audit of the receiver's books

• Subchapter 004: INTERSTATE RELATIONS
•    § 7091. Conservation of property of foreign or alien insurers found in this State

•    § 7092. Liquidation of property of foreign or alien insurers found in this State

•    § 7093. Domiciliary liquidators in other states

•    § 7094. Ancillary formal proceedings

•    § 7095. Ancillary summary proceedings

•    § 7096. Claims of nonresidents against insurers domiciled in this State

•    § 7097. Claims of residents against insurers domiciled in reciprocal states

•    § 7098. Attachment, garnishment and levy of execution

•    § 7099. Interstate priorities

•    § 7100. Subordination of claims for noncooperation

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