Vermont § 4005 Insurance

Vermont Statutes

§ 4005 — Insurance

Vermont·Title 30 Title 30: Public Service·Ch. 83 Chapter 083: Consolidation of Municipal and Cooperative Districts

Each participating utility shall have the right and power to enter into contracts or specialized insurance appertaining to property and risks in connection with an incident to the ownership, operation, and maintenance of electric facilities, in addition to the usual forms of available insurance. Each participating utility shall be authorized to enter into contracts or insurance for the use and benefit of each of the other participating utilities as though the insurance was for its sole benefit and to cause the rights of the other participating utilities to be protected by contracts according to their respective undivided interests or entitlements under applicable agreements between the participating utilities.

Free access — add to your briefcase to read the full text and ask questions with AI

Each participating utility shall have the right and power to enter into contracts or specialized insurance appertaining to property and risks in connection with an incident to the ownership, operation, and maintenance of electric facilities, in addition to the usual forms of available insurance. Each participating utility shall be authorized to enter into contracts or insurance for the use and benefit of each of the other participating utilities as though the insurance was for its sole benefit and to cause the rights of the other participating utilities to be protected by contracts according to their respective undivided interests or entitlements under applicable agreements between the participating utilities.

Vermont § 4005 (Insurance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.