Vermont Statutes

§ 6013 — Exemption from compulsory associations

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 141 Chapter 141: Captive Insurance Companies
No captive insurance company shall be permitted to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this State, nor shall any such captive insurance company, or any insured or affiliate thereof, receive any benefit from any such plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of such captive insurance company.

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Legislative History

(Added 1981, No. 28; amended 1997, No. 49, § 15, eff. June 26, 1997; 2003, No. 55, § 7.)

Nearby Sections

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