Vt. Stat. Ann. tit. 8, § 4589
Investments
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
Funds of a medical service corporation may be invested in any prudent investment as permitted for an insurance company formed under chapter 101 of this title. The corporation shall file and obtain the Commissioner's prior approval of its investment guidelines. Any amendments to the investment guidelines must be approved by the Commissioner prior to use.
Funds of a medical service corporation may be invested in any prudent investment as permitted for an insurance company formed under chapter 101 of this title. The corporation shall file and obtain the Commissioner’s prior approval of its investment guidelines. Any amendments to the investment guidelines must be approved by the Commissioner prior to use.
Amended 1997, No. 54, § 8, eff. June 26, 1997.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.