§ 4361. Mutual associations authorized
Employers who are subject to the requirements of 21 V.S.A. chapter 9 may, with the approval of the Commissioner, associate themselves in accordance with the law for the formation of corporations without capital stock for the purpose of establishing and maintaining mutual associations to insure their liabilities under 21 V.S.A. chapter 9. (Amended 1981, No. 165 (Adj. Sess.), § 1; 2021, No. 105 (Adj. Sess.), § 178, eff. July 1, 2022.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 117 - Workers' Compensation Insurance
§ 4361. Mutual associations authorized
§ 4362. Commissioner’s approval required
§ 4364. Control of association
§ 4366. Officers and voting rights
§ 4367. Power to prescribe and enforce safety rules
§ 4372. Approval of premiums, liabilities, assessments, and dividends