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.
(Cite as: 8 V.S.A. § 4844)
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§ 4844. Contributions to insurer
The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable
terms such funds as it may require from time to time in its operations. Sums so advanced
shall not be treated as a liability of the insurer and, except upon liquidation of
the insurer, shall not be withdrawn or repaid except out of the insurer’s realized
earned surplus in excess of its minimum required surplus. No such withdrawal or repayment
shall be made without the prior written approval of the Commissioner. This section
does not apply to bank loans or to other loans made upon security. (Added 1971, No. 31, § 1, eff. March 31, 1971.)