Vermont Statutes
Chapter 121 - Fraternal Benefit Societies
§ 4473. No personal liability

§ 4473. No personal liability
The officers and members of the supreme, grand, or any subordinate body of a society shall not be personally liable for payment of any benefits provided by a society. (Added 1959, No. 197, § 13, eff. Nov. 22, 1959.)

Structure Vermont Statutes

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 121 - Fraternal Benefit Societies

§ 4460. Statutory purposes

§ 4461. Fraternal benefit societies defined

§ 4462. Lodge system defined

§ 4463. Representative form of government defined

§ 4464. Organization

§ 4465. Corporate powers retained

§ 4466. Existing voluntary associations; may incorporate

§ 4467. Location of office; place of meeting

§ 4468. Consolidations and mergers

§ 4469. Conversion of fraternal benefit society into mutual life insurance company

§ 4470. Qualifications for membership

§ 4471. Articles of incorporation, constitution, and laws; amendments

§ 4472. Institutions

§ 4473. No personal liability

§ 4474. Benefits

§ 4475. Benefits on lives of children

§ 4476. Nonforfeiture benefits, cash surrender values, certificate loans, and other options

§ 4477. Beneficiaries

§ 4478. Benefits not attachable

§ 4479. The contract

§ 4480. Provisions, standard and prohibited

§ 4481. Accident and health insurance and total and permanent disability insurance certificates; filing and approval

§ 4482. Waiver

§ 4483. Reinsurance

§ 4484. Annual license

§ 4485. Foreign or alien society; admission

§ 4486. Injunction; liquidation; receivership of domestic society

§ 4487. Suspension, revocation or refusal of license of foreign or alien society

§ 4488. Licensing of agents

§ 4489. Service of process

§ 4490. Injunction

§ 4491. Review

§ 4492. Funds

§ 4493. Investments

§ 4494. Reports and valuations

§ 4495. Examination of domestic societies

§ 4496. Examination of foreign and alien societies

§ 4497. No adverse publications

§ 4498. Misrepresentation

§ 4499. Discrimination and rebates

§ 4500. Taxation

§ 4501. Exemptions

§ 4502. Exemption of certain societies

§ 4503. Penalties