Vermont Statutes Title 8 Sec. 7087
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Terms Used In Vermont Statutes Title 8 Sec. 7087
- Commissioner: means the Commissioner of Financial Regulation. See
- Insurer: means any person who has done, purports to do, is doing or is licensed to do an insurance business, and is or has been subject to the authority of, or to liquidation, rehabilitation, reorganization, supervision, or conservation by, any insurance commissioner. See
§ 7087. Disposition of records during and after termination of liquidation
Whenever it shall appear to the Commissioner that the records of any insurer in process of liquidation or completely liquidated are no longer useful and are no longer required by law to be retained, the Commissioner may recommend to the court and the court shall direct what records should be retained for future reference and what should be destroyed. (Added 1991, No. 45, § 2, eff. May 29, 1991.)