Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 4852 — Vermont Law | CourtGPT
  1. Home/
  2. Laws/
  3. Vermont/
  4. Title 8 - Banking and Insurance/
  5. Chapter 132 - Reciprocal Insurers§ 4831. Definitions/
  6. § 4852
Vermont Legal Code

§ 4852

Ask AI about this
Aggregate liability No one policy or subscriber as to a policy shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year, in excess of the amount provided for in the power of attorney or in the subscribers’ agreement, computed solely upon premium earned on such policy during that year. (Added 1971, No. 31, § 1, eff. March 31, 1971.)