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VERMONT STATUTES AND CODES
§ 224 - Insurance contract; validity
§ 224. Insurance contract; validity TITLE 10Conservation and DevelopmentPART IDevelopment of ResourcesCHAPTER 12. VERMONT ECONOMIC DEVELOPMENT AUTHORITYSubchapter II. Mortgage Insurance
§ 224. Insurance contract; validity
The validity of any insurance contract executed by the authority under this subchapter shall be incontestable against the approved mortgagee except for fraud or misrepresentation on the part of the approved mortgagee. (Added 1973, No. 197 (Adj. Sess.), § 1.)
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