§ 4696. Mandatory market participation
If the Commissioner finds that there is no voluntary market in which buyers of any line of property and casualty insurance may obtain such insurance, the Commissioner may initiate proceedings to establish a joint underwriting association for that market under chapter 137 of this title. (Added 1985, No. 265 (Adj. Sess.), § 2, eff. June 4, 1986.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 128 - Property and Casualty Insurance Rate Regulation
§ 4686. Rating methods or criteria
§ 4688. Filing of rates and other rating information
§ 4689. Approval or disapproval of rates
§ 4690. Licensing, operation, services, and activities of advisory or service organizations
§ 4691. Filing of records and reports; exchange of information
§ 4692. Joint underwriting; pool and residual market activities
§ 4694. Residual market mechanism status
§ 4696. Mandatory market participation
§ 4702. Monitoring competition
§ 4703. Information and monitoring costs
§ 4704. Information to be furnished insureds; aggrieved persons
§ 4704a. Rerating after use of erroneous credit information
§ 4711. Cancellation of commercial risk insurance