§ 4835. Attorney
(a) The attorney of a foreign reciprocal insurer, which is duly authorized to transact insurance in this State, shall not, by virtue of discharge of its duties as such attorney with respect to the insurer’s transactions in this State, be deemed to be doing business in this State within the meaning of any laws of this State applying to foreign persons, firms, or corporations.
(b) The subscribers and the attorney-in-fact comprise a reciprocal insurer and a single entity as to all operations under the insurer’s certificate of authority. (Added 1971, No. 31, § 1, eff. March 31, 1971.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 132 - Reciprocal Insurers
§ 4832. Scope of chapter; existing insurers
§ 4833. Insuring powers of reciprocals
§ 4836. Organization of reciprocal insurer
§ 4837. Certificate of authority
§ 4841. Deposit in lieu of bond
§ 4843. Services of process; judgment
§ 4844. Contributions to insurer
§ 4845. Financial condition; method of determining
§ 4847. Subscribers’ advisory committee
§ 4848. Subscribers’ liability
§ 4849. Subscribers’ liability on judgment
§ 4851. Time limit for assessments
§ 4853. Nonassessable policies