Vermont § 8206 - Effect of consent If a policyholder consents or is deemed to have consented to the transfer pursuant to section 8205 of this title or if the transfer is effected under subsection 8207
Full text of Vermont Vermont Statutes Online § 8206 — Effect of consent If a policyholder consents or is deemed to have consented to the transfer pursuant to section 8205 of this title or if the transfer is effected under subsection 8207, with citation guidance and answers to common questions.
§ 8206. Effect of consent If a policyholder consents or is deemed to have consented to the transfer pursuant to section 8205 of this title or if the transfer is effected under subsection 8207
- (b) of this title, there shall be a novation of the contract of insurance subject to the assumption
reinsurance agreement with the result that the transferring insurer shall thereby
be relieved of all insurance obligations or risks transferred under the assumption
reinsurance agreement and the assuming insurer shall become directly and solely liable
to the policyholder for those insurance obligations or risks. (Added 1993, No. 235 (Adj. Sess.), § 7.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 8206
What does Vermont Statutes Online § 8206 cover?
Section 8206 ("Effect of consent If a policyholder consents or is deemed to have consented to the transfer pursuant to section 8205 of this title or if the transfer is effected under subsection 8207") 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 § 8206?
A common citation format is "Vermont Statutes Online § 8206" (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 § 8206 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.