{"data":{"id":"us-vt/8-v.s.a.-8514","jurisdiction":"us-vt","citation":"8 V.S.A. § 8514","heading":"Dissolution of compact","body":"(a) The compact dissolves effective upon the date of the withdrawal or default of the compacting state that reduces membership in the compact to one compacting state.\n(b) Upon the dissolution of this compact, the compact becomes null and void and shall be of no further force or effect, and the business and affairs of the Commission shall be wound up and any surplus funds shall be distributed in accordance with the bylaws.","path":["Title 8: Banking and Insurance","Chapter 165: Interstate Insurance Product Regulation Compact"],"source_url":"https://legislature.vermont.gov/statutes/section/08/165/08514","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T14:02:51Z","sha256":"6326861b6012f8b578c61e744a81c6b3a8de665c1897de36f229b702e91e294f","source_id":"us-vt","stale":false,"prev":"us-vt/8-v.s.a.-8513","next":"us-vt/8-v.s.a.-8515"},"notice":"GroundRules: Original legal text. Not legal advice."}