Vt. Stat. Ann. tit. 8, § 3422
Mutual insurers—Prohibitions
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A domestic mutual insurer shall not merge or consolidate with a stock insurer where the surviving corporation will be a stock insurer.
A domestic mutual insurer shall not merge or consolidate with a stock insurer where the surviving corporation will be a stock insurer.
Added 1967, No. 344 (Adj. Sess.), § 1 (ch. 1, subch. 4, § 2); amended 1993, No. 28, § 1, eff. May 21, 1993.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.