Vermont Statutes
Chapter 105 - Fire and Casualty Insurance
§ 3916. Name, status and powers

§ 3916. Name, status and powers
Corporations to which certificates of authority are so issued shall be known as cooperative insurance corporations and may write the kinds of insurance enumerated in subdivisions 3301(a)(2)-(a)(8), and (a)(10) of this title, provided the corporation’s surplus shall not be less than $500,000.00 and provided that such company shall first secure approval from the Commissioner to do so, which approval may be upon such terms and conditions as the Commissioner may prescribe. (Amended 1981, No. 6, § 4.)

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