Vermont § 4831 Definitions

Vermont Statutes

§ 4831 — Definitions

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 132 Chapter 132: Reciprocal Insurers

As used in this chapter, unless the context clearly requires otherwise:

(1)“Attorney” means the attorney-in-fact of a reciprocal insurer.

(2)“Reciprocal” insurance is that resulting from an interchange among persons, known as subscribers, of reciprocal agreements of indemnity, the interchange being effectuated through an attorney-in-fact common to all such persons.

(3)“Subscribers” are persons who enter into reciprocal insurance agreements under this chapter.

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As used in this chapter, unless the context clearly requires otherwise:
(1) “Attorney” means the attorney-in-fact of a reciprocal insurer.
(2) “Reciprocal” insurance is that resulting from an interchange among persons, known as subscribers, of reciprocal agreements of indemnity, the interchange being effectuated through an attorney-in-fact common to all such persons.
(3) “Subscribers” are persons who enter into reciprocal insurance agreements under this chapter.

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