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2011 Vermont Code
Title 08 Banking and Insurance
Chapter 137 VERMONT JOINT UNDERWRITING ASSOCIATIONS
§ 4981 Definitions

Universal Citation:
8 VT Stats § 4981. (2011 through Adj Sess)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

§ 4981. Definitions

For the purposes of this chapter, unless the context otherwise requires:

(1) "Association" means a joint underwriting association established pursuant to this chapter;

(2) "Commissioner" means the commissioner of banking, insurance, securities, and health care administration or a designee;

(3) "Property and casualty insurance" means all insurance covered under chapter 128 of this title relating to property and casualty rate regulation;

(4) "Member" means an insurer which is a member of an association; and

(5) "Plan" means the plan of operation of the association approved or promulgated by the commissioner pursuant to this chapter. (Added 1985, No. 265 (Adj. Sess.), { 4, eff. June 4, 1986; amended 1989, No. 225 (Adj. Sess.), { 25(b); 1995, No. 180 (Adj. Sess.), { 38(a).)

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