The articles of association or bylaws of a mutual insurer shall set forth the manner in which its board of directors or other governing body shall be elected, and in which meetings of policyholders shall be called, held, and conducted, subject to such procedures as may be required by the Commissioner under subsection 15(a) of this title.
Vt. Stat. Ann. tit. 8, § 3303
Mutual companies; directors, charter provisions as to
Added 1967, No. 344 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.