§ 3422 Mutual insurers-Prohibitions

8 V.S.A. § 3422 (N/A)
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§ 3422. Mutual insurers-Prohibitions

A domestic mutual insurer shall not merge or consolidate with a stock insurer where the surviving corporation will be a stock insurer. (Added 1967, No. 344 (Adj. Sess.), § 1 (ch. 1, subch. 4, § 2); amended 1993, No. 28, § 1, eff. May 21, 1993.)