§ 3461d - Registration or filing exemption - Vermont Statutes

§ 3461d. Registration or filing exemption

Notwithstanding the provisions of any other section of subchapter 4 of this chapter, an insurer shall not be required to register or file with the SVO any security that meets and continues to meet the conditions for exemption for certain nationally-recognized statistical rating organization rated securities consistent with the Purposes and Procedures Manual of the NAIC Securities Valuation Office, as amended from time to time. (Added 1999, No. 84 (Adj. Sess.), § 5, eff. Jan. 1, 2000.)