§ 3362 - Authority to transact various kinds of insurance business - Vermont Statutes

§ 3362. Authority to transact various kinds of insurance business

The provisions of section 762 of Title 11, shall not prevent a foreign or alien insurer from transacting more than one kind of insurance business, provided the charter of such corporation authorizes it to transact such different kinds of insurance business and its capital is sufficient to provide the required capital for each kind of business to be transacted. (1967, No. 344 (Adj. Sess.), § 1 (ch. 1, subch. 2, § 2).)