The Vermont Statutes Online
Title 8 : Banking and Insurance
Chapter 128 : PROPERTY AND CASUALTY INSURANCE RATE REGULATION
Subchapter 001 : Insurance Rates and Statistics
(Cite as: 8 V.S.A. § 4696)-
§ 4696. Mandatory market participation
If the Commissioner finds that there is no voluntary market in which buyers of any line of property and casualty insurance may obtain such insurance, the Commissioner may initiate proceedings to establish a joint underwriting association for that market under chapter 137 of this title. (Added 1985, No. 265 (Adj. Sess.), § 2, eff. June 4, 1986.)
