Vermont Statutes
Chapter 121 - Fraternal Benefit Societies
§ 4493. Investments

§ 4493. Investments
A society shall invest its funds only in such investments as are authorized by the laws of this State for the investment of assets of life insurance companies and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this State which invests its funds in accordance with the laws of the State, district, territory, country, or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds. (Added 1959, No. 197, § 33, 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