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Vt. Stat. Ann. tit. 8, § 3683. Acquisition of control of or merger with domestic insurer: Insurance Companies Generally — Holding Companies and Subsidiaries – Vermont
Status: EnactedYear Enacted: 1971
Year Amended: 2013
File: Download
The Commissioner shall approve any merger or other acquisition of control referred to in subsection (a) of this section unless the effect of the merger or other acquisition of control would be substantially to lessen competition in insurance in this State or tend to create a monopoly.
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