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: 9 V.S.A. § 4308)
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§ 4308. Rules and regulations of Commissioner
The Commissioner may make such rules and regulations as may be necessary for the execution
of the functions vested in him or her by sections 4302-4307 of this title and may for that purpose classify domestic stock insurance companies, securities,
and other persons or matters within his or her jurisdiction. No provision of sections
4302-4304 of this title imposing any liability applies to any act done or omitted in good faith in conformity
with any rule or regulation of the Commissioner, notwithstanding that the rule or
regulation may, after the act or omission, be amended or rescinded, or determined
by judicial or other authority to be invalid for any reason. (Added 1965, No. 88, § 8.)