Vt. Stat. tit. 8 § 4831

Current through L. 2024, c. 185.

Section 4831 - Definitions

As used in this chapter, unless the context clearly requires otherwise:

(1) "Attorney" means the attorney-in-fact of a reciprocal insurer.

(2) "Reciprocal" insurance is that resulting from an interchange among persons, known as subscribers, of reciprocal agreements of indemnity, the interchange being effectuated through an attorney-in-fact common to all such persons.

(3) "Subscribers" are persons who enter into reciprocal insurance agreements under this chapter.

8 V.S.A. § 4831

Added 1971, No. 31, § 1, eff. 3/31/1971.