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Code · Vermont · Title 8 — Banking and Insurance · Chapter 135

§ 4903.

106 words·~1 min read·/vt/title-8/chapter-135/4903

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§ 4903. Administrative procedure; withdrawal of approval; judicial review
Rules issued under this chapter shall be adopted under 3 V.S.A. chapter 25 and shall be subject to review as provided in that chapter. When a rule is adopted under this chapter and an insurance policy is not in compliance with the rule, the Commissioner may withdraw his or her approval of the policy form in the manner provided in sections 3541-3543 of this title. An insurer may appeal a decision of the Commissioner to withdraw a policy form under 3 V.S.A. § 815 and review shall be confined to the record below. (Added 1975, No. 36.)
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