Vermont § 4988 Examination

Vermont Statutes

§ 4988 — Examination

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 137 Chapter 137: Vermont Joint Underwriting Associations

The Commissioner shall make an examination into the affairs of each association annually or as often as he or she deems necessary. The Commissioner shall make an order indicating the scope of the examination and may appoint as examiners one or more competent persons not employed by any insurer or interested in any insurer except as a policyholder. The expenses of every such examination shall be borne and paid for by the association involved. (Added 1985, No. 265 (Adj. Sess.), § 4, eff. June 4, 1986.)

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The Commissioner shall make an examination into the affairs of each association annually or as often as he or she deems necessary. The Commissioner shall make an order indicating the scope of the examination and may appoint as examiners one or more competent persons not employed by any insurer or interested in any insurer except as a policyholder. The expenses of every such examination shall be borne and paid for by the association involved. (Added 1985, No. 265 (Adj. Sess.), § 4, eff. June 4, 1986.)

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