Vt. Stat. Ann. tit. 8, § 4725. Favored agent or insurer; coercion of debtors: Insurance Trade Practices – Vermont
Status: EnactedYear Enacted: 1973
File: Download
No person may require, as a condition precedent to the lending of money or extension of credit, or any renewal thereof, that the person to whom such money or credit is extended or whose obligation the creditor is to acquire or finance, negotiate any policy or contract of insurance through a particular insurer or group of insurers or agent or broker or group of agents or brokers.
Key Issues:
Competition
HEALTHCARE MARKETS
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