Vermont Statutes
§ 4517 — Investments
Vermont·Title 8 Title 8: Banking and Insurance·Ch. 123 Chapter 123: Nonprofit Hospital Service Corporations
Funds of a hospital service corporation may be invested in any prudent investment as permitted for an insurance company formed under chapter 101 of this title. The corporation shall file and obtain the Commissioner’s prior approval of its investment guidelines. Any amendments to the investment guidelines must be approved by the Commissioner prior to use.
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Legislative History
(Amended 1997, No. 54, § 4, eff. June 26, 1997.)
Nearby Sections
15
§ 4511
Purposes and definition§ 4512
Powers§ 4514a
Part-time employees§ 4515
Form of contract§ 4517
Investments§ 4518
Tax exemption§ 4519
Application of chapter§ 4520
Reciprocal provisions§ 4522
Exempt organizations