§ 7118. Applicable laws
(a) Chapter 157 (transfer and novation of insurance contracts) of this title shall not apply to any legacy insurance transfer under this chapter.
(b) In the event of any conflict between a provision of this chapter and any other provision of this title, such provision of this chapter shall control.
(c) A proposed legacy insurance transfer shall be a “contested case” under 3 V.S.A. chapter 25, except that a “party” shall be limited as defined in subdivision 7111(16) of this chapter. (Added 2013, No. 93 (Adj. Sess.), § 3, eff. Feb. 19, 2014.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 147 - Legacy Insurance Transfers
§ 7112. Application; fee; plan
§ 7116. Fee; costs; transfer tax
§ 7119. Assuming company; Board; principal place of business; registered agent
§ 7120. Posting of plans on website
§ 7121. Regulation of assuming companies and service providers