™Your Policy Risk Impact Agent
87 chapters · 1,498 sections in this title.
08 V.S.A. ch. 142, § 6050 Purpose
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§ 6050. Purpose 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 …
08 V.S.A. ch. 142, § 6051 Definitions
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§ 6051. Definitions As used in this chapter: (1) “Commissioner” means the Commissioner of Financial Regulation of this State, or the commissioner, director, or superintendent of insurance in any other state. (2) “Domicile,” for purposes of determining the state in which a purchas…
08 V.S.A. ch. 142, § 6052 Risk retention groups chartered in this State
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§ 6052. Risk retention groups chartered in this State (a) Pursuant to the provisions of chapter 141 of this title, a risk retention group shall be chartered and licensed to write only liability insurance pursuant to this chapter, must comply with all of the laws, rules, regulatio…
08 V.S.A. ch. 142, § 6053 Risk retention groups not chartered in this State
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§ 6053. Risk retention groups not chartered in this State Risk retention groups chartered and licensed in states other than this State and seeking to do business as a risk retention group in this State shall comply with the laws of this State as follows: (1) Notice of operations …