§ 4839. Modifications
Modifications of the terms of the subscribers’ agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers’ advisory committee. No such modification shall be effective retroactively, nor as to any insurance contract issued prior thereto. (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