Vermont Statutes
§ 4589 — Investments
Vermont·Title 8 Title 8: Banking and Insurance·Ch. 125 Chapter 125: Nonprofit Medical Service Corporations
Funds of a medical 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, § 8, eff. June 26, 1997.)
Nearby Sections
15
§ 4583
Purposes and definition§ 4584
Application for permit§ 4589
Investments§ 4590
Tax exemption§ 4592
Exempt organizations§ 4593
Reciprocal provisions§ 4594
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