Home/Vermont/Statutes/Title 8: Title 8: Banking and Insurance/Ch. 142: Chapter 142: Risk Retention Groups and Purchasing Groups/§ 6050
Vermont Statutes

§ 6050 — Purpose

Vermont § 6050
JurisdictionVermont
Title 8Title 8: Banking and Insurance
Ch. 142Chapter 142: Risk Retention Groups and Purchasing Groups

This text of Vermont § 6050 (Purpose) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Vt. Stat. Ann. tit. 8, § 6050 (2026).

Text

The purpose of this chapter is to regulate the formation and operation of risk retention groups and purchasing groups in this State formed pursuant to the provisions of the federal Liability Risk Retention Act of 1986 (“RRA 1986”), to the extent permitted by such law. (Added 1991, No. 249 (Adj. Sess.), § 23, eff. Dec. 31, 1992.)

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Nearby Sections

12
§ 6050
Purpose
§ 6051
Definitions
§ 6052
Risk retention groups chartered in this State
§ 6053
Risk retention groups not chartered in this State
§ 6054
Compulsory associations
§ 6055
Purchasing groups; exemption from certain laws
§ 6056
Notice and registration requirements of purchasing groups
§ 6057
Restrictions on insurance purchased by purchasing groups
§ 6058
Purchasing group taxation
§ 6059
Administrative and procedural authority regarding risk retention groups and purchasing groups
§ 6060
Duties of agent or brokers to obtain license
§ 6061
Binding effect of orders issued in U.S. District Court
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Cite This Page — Counsel Stack

Bluebook (online)
Vermont § 6050, Counsel Stack Legal Research, https://law.counselstack.com/statute/vt/142/6050.