Vermont § 4844 - Contributions to insurer The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable terms such funds as it may require from time to time in its operations
Full text of Vermont Vermont Statutes Online § 4844 — Contributions to insurer The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable terms such funds as it may require from time to time in its operations, with citation guidance and answers to common questions.
§ 4844. Contributions to insurer The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable terms such funds as it may require from time to time in its operations
- . Sums so advanced
shall not be treated as a liability of the insurer and, except upon liquidation of
the insurer, shall not be withdrawn or repaid except out of the insurer’s realized
earned surplus in excess of its minimum required surplus. No such withdrawal or repayment
shall be made without the prior written approval of the Commissioner. This section
does not apply to bank loans or to other loans made upon security. (Added 1971, No. 31, § 1, eff. March 31, 1971.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 4844
What does Vermont Statutes Online § 4844 cover?
Section 4844 ("Contributions to insurer The attorney or other parties may advance to a domestic reciprocal insurer upon reasonable terms such funds as it may require from time to time in its operations") 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 § 4844?
A common citation format is "Vermont Statutes Online § 4844" (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 § 4844 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.