Vt. Stat. Ann. tit. 8, § 6048g
Minimum capital and surplus
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A special purpose financial insurance company shall not be issued a license unless it shall possess and thereafter maintain unimpaired paid-in capital and surplus of not less than $5,000,000.00.
A special purpose financial insurance company shall not be issued a license unless it shall possess and thereafter maintain unimpaired paid-in capital and surplus of not less than $5,000,000.00.
Added 2007, No. 49, § 17; amended 2013, No. 29, § 58.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.