Vermont Statutes
§ 4835 — Attorney
(a)The attorney of a foreign reciprocal insurer, which is duly authorized to transact insurance in this State, shall not, by virtue of discharge of its duties as such attorney with respect to the insurer’s transactions in this State, be deemed to be doing business in this State within the meaning of any laws of this State applying to foreign persons, firms, or corporations.
(b)The subscribers and the attorney-in-fact comprise a reciprocal insurer and a single entity as to all operations under the insurer’s certificate of authority.
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Legislative History
(Added 1971, No. 31, § 1, eff. March 31, 1971.)
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