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: 18 V.S.A. § 1765)
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§ 1765. Liability insurance
(a) If the Commissioner of Financial Regulation determines that lead hazards have substantially
diminished the availability of liability insurance for owners of rental target housing
or child care facilities and that a voluntary market assistance plan will not adequately
restore availability, the Commissioner shall order liability insurers to provide or
continue to provide liability coverage or to participate in any other appropriate
remedial program as determined by the Commissioner, provided the prospective insured
is otherwise in compliance with the provisions of this chapter.
(b) A determination pursuant to subsection (a) of this section shall be made by the Commissioner
after a hearing held in accordance with 3 V.S.A. chapter 25. Upon a finding that emergency
action is required to protect the public health, safety, or welfare, the Commissioner
shall issue an appropriate summary order pending completion of administrative proceedings.
No order issued under this section may be stayed pending appeal. (Added 1995, No. 165 (Adj. Sess.), § 12; amended 1995, No. 180 (Adj. Sess.), § 38(a); 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012; 2017, No. 149 (Adj. Sess.), § 2, eff. October 21, 2022.)