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2020 Vermont Statutes
Title 8 - Banking and Insurance
Chapter 132 - Reciprocal Insurers
§ 4839. Modifications
Universal Citation: 8 V.S.A. § 4839.
§ 4839. Modifications
Modifications of the terms of the subscribers' agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers' advisory committee. No such modification shall be effective retroactively, nor as to any insurance contract issued prior thereto. (Added 1971, No. 31, § 1, eff. March 31, 1971.)
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