§ 3911. Incorporators
Sixty or more persons residing in the State of Vermont who shall each own in good faith real estate of not less than $20,000.00 in value, and collectively own in good faith insurable real estate in the State of Vermont to the value of $1,200,000.00 or more, may apply to become a cooperative insurance corporation on filing with the Commissioner a declaration as hereinafter provided. (Amended 1981, No. 6, § 1.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 105 - Fire and Casualty Insurance
§ 3861. Discrimination and rebates prohibited
§ 3864. Penalty for violation of sections 3463 and 3862
§ 3866. Returns, rate of tax, exemption
§ 3868. When loss due and payable
§ 3869. Contracts considered made in Vermont
§ 3879. Cancellation of fire and casualty insurance
§ 3880. Notice of cancellation
§ 3884. Required renewals; continuation of agents’ contracts and brokers’ accounts
§ 3912. Contents of declaration
§ 3914. Statement as to applications
§ 3915. Issuance of certificate of authority
§ 3916. Name, status and powers
§ 3925. Bylaws; compulsory provisions
§ 3927. Assessment cooperative insurance corporations
§ 3930. Nonassessment cooperative insurance corporations to commence business
§ 3931. Application of provisions
§ 3962. Application to Commissioner
§ 3963. Time and place for making valuation
§ 3964. Appointment of appraisers to determine valuation
§ 3965. Appraisers’ award and expenses
§ 3966. Duration of valuation fixed
§ 3968. Penalty for violations