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Terms Used In Vermont Statutes Title 8 Sec. 3824

  • Contract: A legal written agreement that becomes binding when signed.

§ 3824. Readjustment of premium

Any group life insurance contract may provide for a readjustment of the premium rate based upon the experience thereunder. (Added 1967, No. 344 (Adj. Sess.), § 1 (ch. 2, subch. 6, § 24).)