Vermont Statutes
§ 4833 — Insuring powers of reciprocals
(a)A reciprocal insurer may, upon qualifying therefor as provided for by this title, transact any kind or kinds of insurance defined by this title, other than life or title insurances.
(b)Such an insurer may purchase reinsurance upon the risk of any subscriber or subscribers, and may assume or cede reinsurance as to any kind of insurance it is authorized to transact direct.
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Legislative History
(Added 1971, No. 31, § 1, eff. March 31, 1971; amended 1997, No. 49, § 1, eff. June 26, 1997.)
Nearby Sections
15
§ 4831
Definitions§ 4834
Name; suits§ 4835
Attorney§ 4837
Certificate of authority§ 4838
Power of attorney§ 4839
Modifications§ 4840
Attorney’s bond§ 4841
Deposit in lieu of bond§ 4842
Action on bond§ 4844
Contributions to insurer