2019 US Virgin Islands Code
Title 22 - Insurance
Chapter 58 - Commercial Self-Insurance Fund
§ 1486. Dividends
Universal Citation: V.I. Code tit. 22, § 1486 (2019)
A commercial self-insurance fund shall obtain the approval of the Commissioner prior to paying any dividend or refund to its members. No such dividend or refund may be approved until twelve months after the last day of the fiscal year for which the dividend or refund is payable, or such later time as the Commissioner may require in accordance with sound actuarial principles.
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