The Vermont Statutes Online
The Statutes below include the actions of the 2024 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.
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 that is a member of an association.
(5) “Plan” means the plan of operation of the association approved or proposed 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; 2021, No. 105 (Adj. Sess.), § 236, eff. July 1, 2022.)
