Vermont § 4499 - Discrimination and rebates
Full text of Vermont Vermont Statutes Online § 4499 — Discrimination and rebates, with citation guidance and answers to common questions.
§ 4499. Discrimination and rebates
- (a) No society doing business in this State shall make or permit any unfair discrimination
between insured members of the same class and equal expectation of life in the premiums
charged for certificates of insurance, in the dividends or other benefits payable
thereon or in any other of the terms and conditions of the contracts it makes. (b) No society, by itself, or any other party, and no agent or solicitor, personally,
or by any other party, may offer, promise, allow, give, set off, or pay, directly
or indirectly, any valuable consideration or inducement to, or for insurance, on any
risk authorized to be taken by the society that is not specified in the certificate.
No member may receive or accept, directly or indirectly, any rebate of premium, or
part thereof, or agent’s or solicitor’s commission thereon, payable on any certificate
or receive or accept any favor or advantage or share in the dividends or other benefits
to accrue on, or any valuable consideration or inducement not specified in the contract
of insurance. (Added 1959, No. 197, § 39, eff. Nov. 22, 1959.)
Frequently Asked Questions About Vermont § 4499
What does Vermont Statutes Online § 4499 cover?
Section 4499 ("Discrimination and rebates") 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 § 4499?
A common citation format is "Vermont Statutes Online § 4499" (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 § 4499 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.