Vermont § 3926 - Policy provisions The policies issued by a cooperative insurance corporation shall conform to the regulations prescribed therefor by the Commissioner
Full text of Vermont Vermont Statutes Online § 3926 — Policy provisions The policies issued by a cooperative insurance corporation shall conform to the regulations prescribed therefor by the Commissioner, with citation guidance and answers to common questions.
§ 3926. Policy provisions The policies issued by a cooperative insurance corporation shall conform to the regulations prescribed therefor by the Commissioner
- . Each such policy shall indicate clearly,
in words prominently displayed at the top of the first page or across the page thereof,
that such policy is issued on the cooperative plan; and if issued on an assessment
plan, shall include a provision in the body of the policy to the effect that its acceptance
by the person insured shall bind him or her to pay all assessments that may be levied
thereon. The face of each such policy shall display in not less than 10 point bold
type the following statement: “THIS POLICY MAY BE SUBJECT TO FUTURE SPECIAL ASSESSMENT
OF ADDITIONAL PREMIUM UP TO A MAXIMUM OF ONE-HALF THE REGULAR ANNUAL ASSESSMENT.”
Each such policy shall include a copy of the bylaws of such corporation or such other
matter as the Commissioner shall prescribe. (Amended 1981, No. 6, § 8.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3926
What does Vermont Statutes Online § 3926 cover?
Section 3926 ("Policy provisions The policies issued by a cooperative insurance corporation shall conform to the regulations prescribed therefor by the Commissioner") 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 § 3926?
A common citation format is "Vermont Statutes Online § 3926" (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 § 3926 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
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