2018 Vermont Statutes
Title 8 - Banking and Insurance
Chapter 137 - Vermont Joint Underwriting Associations
§ 4981 Definitions

Universal Citation: 8 V.S.A. § 4981

§ 4981. Definitions

As used in 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 Financial Regulation 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.

(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); 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012.)

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