There is a newer version of the Vermont Statutes
2011 Vermont Code
Title 08 Banking and Insurance
Chapter 123 NONPROFIT HOSPITAL SERVICE CORPORATIONS
§ 4517 Investments
8 VT Stats § 4517. (2011 through Adj Sess) What's This?
§ 4517. Investments
Funds of a hospital 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, { 4, eff. June 26, 1997.)
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