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Vermont Statutes Title 8. Banking and Insurance, § 4696. Mandatory market participation

Current as of January 01, 2024 | Updated by FindLaw Staff

If the Commissioner finds that there is no voluntary market in which buyers of any line of property and casualty insurance may obtain such insurance, the Commissioner may initiate proceedings to establish a joint underwriting association for that market under chapter 137 of this title.

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Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 4696. Mandatory market participation - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-4696/

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