Vermont Statutes
§ 8504 — Meetings and acts of the Commission
Vermont·Title 8 Title 8: Banking and Insurance·Ch. 165 Chapter 165: Interstate Insurance Product Regulation Compact
(a)The Commission shall meet and take such actions as are consistent with the provisions of this compact and the bylaws.
(b)Each member of the Commission shall have the right and power to cast a vote to which that compacting state is entitled and to participate in the business and affairs of the Commission. A member shall vote in person or by such other means as provided in the bylaws. The bylaws may provide for members’ participation in meetings by telephone or other means of communication.
(c)The Commission shall meet at least once during each calendar year. Additional meetings shall be held as set forth in the bylaws.
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Legislative History
(Added 2005, No. 70, § 2.)
Nearby Sections
15
§ 8500
Definitions§ 8502
Powers of the Commission§ 8507
Dispute resolution§ 8510
Finance§ 8512
Withdrawal§ 8513
Default§ 8514
Dissolution of compact