Vermont Statutes
§ 4696 — Mandatory market participation
Vermont·Title 8 Title 8: Banking and Insurance·Ch. 128 Chapter 128: Property and Casualty Insurance Rate Regulation
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. (Added 1985, No. 265 (Adj. Sess.), § 2, eff. June 4, 1986.)
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Nearby Sections
15
§ 4681
Purposes§ 4682
Scope§ 4683
Definitions§ 4684
Competitive market§ 4685
Rate standards§ 4688a
Filing fees§ 4693
Agreements to adhere