Mutual associations authorized

08 V.S.A. ch. 117, § 4361, under Chapter 117: Workers' Compensation Insurance.

08 V.S.A. ch. 117, § 4361

§ 4361. Mutual associations authorized

Employers who are subject to the requirements of 21 V.S.A. chapter 9 may, with the approval of the Commissioner, associate themselves in accordance with the law for the formation of corporations without capital stock for the purpose of establishing and maintaining mutual associations to insure their liabilities under 21 V.S.A. chapter 9. (Amended 1981, No. 165 (Adj. Sess.), § 1; 2021, No. 105 (Adj. Sess.), § 178, eff. July 1, 2022.)