Terms Used In Vermont Statutes > Title 8 > Chapter 201 > Subchapter 4 - Reports

• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Association: means a joint underwriting association established pursuant to this chapter. See
• Commissioner: means the Commissioner of Financial Regulation or a designee. See
• Commissioner: means the Commissioner of Financial Regulation. See
• Contract: A legal written agreement that becomes binding when signed.
• Domestic insurer: means any insurer that has been chartered by, incorporated, organized, or constituted within or under the laws of this State. See
• Domestic surplus lines insurer: means a domestic insurer with which insurance coverage may be placed under this chapter. See
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Fiduciary: A trustee, executor, or administrator.
• following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
• Home state: means , with respect to an insured:

• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Member: means an insurer that is a member of an association. See
• Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
• Plan: means the plan of operation of the association approved or proposed by the Commissioner pursuant to this chapter. See
• State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
• Surplus lines insurance: means coverage not procurable from admitted insurers. See