A domestic mutual insurer shall not merge or consolidate with a stock insurer where the surviving corporation will be a stock insurer.
Vt. Stat. Ann. tit. 8, § 3422
Mutual insurers—Prohibitions
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.