Vermont § 3966 - Duration of valuation fixed The value of any
Full text of Vermont Vermont Statutes Online § 3966 — Duration of valuation fixed The value of any, with citation guidance and answers to common questions.
§ 3966. Duration of valuation fixed The value of any
- building fixed as provided in sections 3964 and 3965 of this title shall be considered the true value of the building during the term for which any fire insurance policy is issued to cover thereon, if issued within three years from the date of such award, and such value shall continue as the basis of valuation for the purpose of ascertaining the amount of insurance required under a coinsurance clause until a new valuation has been made on an application by the insured or by the company, or agent placing the insurance thereon, provided that a new valuation shall not be required oftener than once in three years.
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3966
What does Vermont Statutes Online § 3966 cover?
Section 3966 ("Duration of valuation fixed The value of any") 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 § 3966?
A common citation format is "Vermont Statutes Online § 3966" (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 § 3966 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.