Vermont § 3717 - Annuity contracts A company authorized to transact the business of life insurance may grant annuities
Full text of Vermont Vermont Statutes Online § 3717 — Annuity contracts A company authorized to transact the business of life insurance may grant annuities, with citation guidance and answers to common questions.
§ 3717. Annuity contracts A company authorized to transact the business of life insurance may grant annuities
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An annuity is a contract issued for a valuable consideration under which the obligations
are assumed with respect to periodic payments for a specified term or terms or where
the making or continuance of all or of some of such payments, or the amount of any
such payments, is dependent upon the continuance of human life. Such a contract that
includes extra benefits of the kind set forth in subdivisions 3301(a)(1) and (2) of
this title relating to life and health insurance shall nevertheless be deemed to be
an annuity if such extra benefits constitute a subsidiary or incidental part of the
entire contract. (Added 1967, No. 344 (Adj. Sess.), § 1 (ch. 2, subch. 1, § 17).)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3717
What does Vermont Statutes Online § 3717 cover?
Section 3717 ("Annuity contracts A company authorized to transact the business of life insurance may grant annuities") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 3717?
A common citation format is "Vermont Statutes Online § 3717" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3717 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.