Vermont § 3791i - Minimum reserves
Full text of Vermont Vermont Statutes Online § 3791i — Minimum reserves, with citation guidance and answers to common questions.
§ 3791i. Minimum reserves
- (a) In no event shall a company’s aggregate reserves for all life insurance policies,
excluding disability and accidental death benefits, issued on or after July 1, 1968
be less than the aggregate reserves calculated in accordance with the methods set
forth in sections 3791g, 3791h, 3791k, and 3791l of this subchapter and the mortality table or tables and rate or rates of interest
used in calculating nonforfeiture benefits for the policies. (b) In no event shall the aggregate reserves for all policies, contracts, and benefits
be less than the aggregate reserves determined by the appointed actuary to be necessary
to render the opinion required by section 3791c of this subchapter. (Added 2015, No. 63, § 1, eff. June 17, 2015.)
Frequently Asked Questions About Vermont § 3791i
What does Vermont Statutes Online § 3791i cover?
Section 3791i ("Minimum reserves") 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 § 3791i?
A common citation format is "Vermont Statutes Online § 3791i" (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 § 3791i 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.