Vermont § 4849 - Subscribers’ liability on judgment
Full text of Vermont Vermont Statutes Online § 4849 — Subscribers’ liability on judgment, with citation guidance and answers to common questions.
§ 4849. Subscribers’ liability on judgment
- (a) No action shall lie against any subscriber upon any obligation claimed against the
insurer until a final judgment has been obtained against the insurer and remains unsatisfied
for 30 days. (b) Any such judgment shall be binding upon each subscriber only in such proportion as
his or her interests may appear and in amount not exceeding his or her contingent
liability, if any. (Added 1971, No. 31, § 1, eff. March 31, 1971.)
Frequently Asked Questions About Vermont § 4849
What does Vermont Statutes Online § 4849 cover?
Section 4849 ("Subscribers’ liability on judgment") 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 § 4849?
A common citation format is "Vermont Statutes Online § 4849" (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 § 4849 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.