Powers of Commissioner

08 V.S.A. ch. 103, § 3858, under Chapter 103: Life Insurance Policies and Annuity Contracts.

08 V.S.A. ch. 103, § 3858

§ 3858. Powers of Commissioner

Notwithstanding any other provision of law, the Commissioner has sole authority to regulate the issuance and sale of variable contracts and to issue such reasonable rules and regulations as may be appropriate to carry out the purposes and provisions of this subchapter. (Added 1971, No. 106, § 4, eff. April 22, 1971.)