Vermont Statutes Title 8 Sec. 7095
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Terms Used In Vermont Statutes Title 8 Sec. 7095
- Commissioner: means the Commissioner of Financial Regulation. See
- Domiciliary state: means the state in which an insurer is incorporated or organized or, in the case of an alien insurer, its state of entry. 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
- State: means any state, district, or territory of the United States and the Panama Canal Zone. See
§ 7095. Ancillary summary proceedings
The Commissioner in his or her sole discretion may institute proceedings under subchapter 2 of this chapter at the request of the Commissioner or other appropriate insurance official of the domiciliary state of any foreign or alien insurer having property located in this State. (Added 1991, No. 45, § 2, eff. May 29, 1991.)