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The Vermont Statutes Online

 

Title 8 : Banking and Insurance

Chapter 137 : VERMONT JOINT UNDERWRITING ASSOCIATIONS

(Cite as: 8 V.S.A. § 4981)
  • § 4981. Definitions

    As used in this chapter, unless the context otherwise requires:

    (1) "Association" means a joint underwriting association established pursuant to this chapter.

    (2) "Commissioner" means the Commissioner of Financial Regulation or a designee.

    (3) "Property and casualty insurance" means all insurance covered under chapter 128 of this title relating to property and casualty rate regulation.

    (4) "Member" means an insurer which is a member of an association.

    (5) "Plan" means the plan of operation of the association approved or promulgated by the Commissioner pursuant to this chapter. (Added 1985, No. 265 (Adj. Sess.), § 4, eff. June 4, 1986; amended 1989, No. 225 (Adj. Sess.), § 25(b); 1995, No. 180 (Adj. Sess.), § 38(a); 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012.)