There is a newer version of the Vermont Statutes
2012 Vermont Statutes
Title 08 Banking and Insurance
Chapter 128 PROPERTY AND CASUALTY INSURANCE RATE REGULATION
§ 4696 Mandatory market participation
8 V.S.A. § 4696. What's This?
§ 4696. Mandatory market participation
If the commissioner finds that there is no voluntary market in which buyers of any line of property and casualty insurance may obtain such insurance, the commissioner may initiate proceedings to establish a joint underwriting association for that market under chapter 137 of this title. (Added 1985, No. 265 (Adj. Sess.), § 2, eff. June 4, 1986.)
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