Vermont Statutes
Chapter 105 - Fire and Casualty Insurance
§ 3911. Incorporators

§ 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

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 105 - Fire and Casualty Insurance

§ 3861. Discrimination and rebates prohibited

§ 3862. Minimum capital stock

§ 3864. Penalty for violation of sections 3463 and 3862

§ 3865. Mill mutual; fees

§ 3866. Returns, rate of tax, exemption

§ 3867. Proof of loss

§ 3868. When loss due and payable

§ 3869. Contracts considered made in Vermont

§ 3879. Cancellation of fire and casualty insurance

§ 3880. Notice of cancellation

§ 3881. Notice of nonrenewal

§ 3882. Renewal policies

§ 3883. Notice requirements

§ 3884. Required renewals; continuation of agents’ contracts and brokers’ accounts

§ 3885. Penalties

§ 3911. Incorporators

§ 3912. Contents of declaration

§ 3913. Bylaws to be filed

§ 3914. Statement as to applications

§ 3915. Issuance of certificate of authority

§ 3916. Name, status and powers

§ 3920. Doing business as an assessment cooperative corporation or a nonassessment cooperative corporation

§ 3925. Bylaws; compulsory provisions

§ 3926. Policy provisions

§ 3927. Assessment cooperative insurance corporations

§ 3929. Loss payment

§ 3930. Nonassessment cooperative insurance corporations to commence business

§ 3931. Application of provisions

§ 3932. Definitions

§ 3961. Valuation of property

§ 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

§ 3967. Effect on rate

§ 3968. Penalty for violations

§ 4001. Assessments; accumulations; limitation

§ 4002. Use of fund