The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
011
:
PAYMENTS TO NONRESIDENTS' ESTATES
(Cite as: 8 V.S.A. § 3642)
-
§ 3642. Liability for payments to nonresidents
An action shall not be maintained against any such insurance company upon any right
of action arising out of an insurance policy, annuity contract, or contract supplemental
to any insurance policy or annuity contract, issued by such company, vested in a person
residing in another state or country, or in the estate of such nonresident person,
if prior to actual notice of the appointment in this State of an administrator, executor,
or guardian of the estate or person of such nonresident, such right of action has
been discharged or released by the executor, administrator, or guardian of such nonresident
person or estate appointed in the state of his or her residence, or by a transferee
of such policy, annuity contract, contract supplemental to any policy of insurance,
or annuity contract or right of action thereon. (Added 1967, No. 344 (Adj. Sess.), § 1 (ch. 1, subch. 12, § 2).)