View the complete text of Act 49

ACT NO. 49

Reciprocal Insurers; Captive Insurance Companies

This act makes a number of changes to Vermont laws regulating the activities of reciprocal insurers and captive insurance companies domiciled in Vermont. The act also authorizes the creation of one additional examiner position within the Department of Banking, Insurance, Securities and Health Care Administration.

Effective Date: On passage, June 26, 1997.