Vermont Statutes Title 8 Sec. 4143
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Terms Used In Vermont Statutes Title 8 Sec. 4143
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 4143. Law governing foreign fidelity, surety, and annuity companies
The companies specified in section 4141 of this title are governed by and subject to the laws of this State relating to foreign insurance companies and their admission to do business in this State, as applicable. (Amended 2021, No. 105 (Adj. Sess.), § 157, eff. July 1, 2022.)