§ 4820.
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/vt/title-8/chapter-131/4820A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 4820. Examination authority
(a)The acts of the managing general agent are considered to be the acts of the insurer on whose behalf it is acting. A managing general agent may be examined as if it were the insurer.
(b)A reinsurance intermediary shall be subject to examination by the Commissioner. The Commissioner shall have reasonable access to all books, bank accounts, and records of the reinsurance intermediary in a form usable to the Commissioner.
(c)A reinsurance intermediary-manager may be examined as if it were the reinsurer. (Added 1991, No. 249 (Adj. Sess.), § 18, eff. Jan. 1, 1993.)