Examination authority
8 V.S.A. § 4820
in effect4820. Examination authority
(a) The acts of the managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent may be examined as if it were the insurer.
(b) A reinsurance intermediary shall be subject to examination by the Commissioner. The Commissioner shall have reasonable access to all books, bank accounts, and records of the reinsurance intermediary in a form usable to the Commissioner.
(c) A reinsurance intermediary-manager may be examined as if it were the reinsurer.
Added 1991, No. 249 (Adj. Sess.), § 18, eff. Jan. 1, 1993.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/08/131/04820Fetched: 10/21/2026
