§ 4843. Services of process; judgment
(a) Legal process shall be served upon a domestic reciprocal insurer by serving the insurer’s attorney at his or her principal office.
(b) Any judgment based upon legal process so served shall be binding upon each of the insurer’s subscribers as their respective interests may appear, but in an amount not exceeding their respective contingent liabilities, if any, the same as though personal service of process was had upon each such subscriber. (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