§ 4370. Assessments
If an association has not sufficient funds for the payment of losses incurred, reserves and expenses, it shall make an assessment for the amount needed to pay such losses, reserves and expenses upon the members in proportion to their several payrolls and rates.
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