Vermont Statutes

§ 4849 — Subscribers’ liability on judgment

Vermont § 4849
JurisdictionVermont
Title 8Title 8: Banking and Insurance
Ch. 132Chapter 132: Reciprocal Insurers

This text of Vermont § 4849 (Subscribers’ liability on judgment) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Vt. Stat. Ann. tit. 8, § 4849 (2026).

Text

(a)No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for 30 days.
(b)Any such judgment shall be binding upon each subscriber only in such proportion as his or her interests may appear and in amount not exceeding his or her contingent liability, if any.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

(Added 1971, No. 31, § 1, eff. March 31, 1971.)

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Vermont § 4849, Counsel Stack Legal Research, https://law.counselstack.com/statute/vt/132/4849.