§ 4696 - Mandatory market participation - Vermont Statutes

§ 4696. Mandatory market participation

If the commissioner finds that there is no voluntary market in which buyers of any line of property and casualty insurance may obtain such insurance, the commissioner may initiate proceedings to establish a joint underwriting association for that market under chapter 137 of this title. (Added 1985, No. 265 (Adj. Sess.), § 2, eff. June 4, 1986.)