§ 4516. Annual report to Commissioner
Annually, on or before March 1, a hospital service corporation shall file with the Commissioner of Financial Regulation a statement sworn to by the president and treasurer of the corporation showing its condition on December 31. The statement shall be in such form and contain such matters as the Commissioner shall prescribe. To qualify for the tax exemption set forth in section 4518 of this title, the statement shall include a certification that the hospital service corporation operates on a nonprofit basis for the purpose of providing an adequate hospital service plan to individuals of the State, both groups and nongroups, without discrimination based on age, gender, geographic area, industry, and medical history, except as allowed by subdivisions 4080g(b)(7)(B)(ii) and 4080g(c)(8)(B)(ii) of this title and by 33 V.S.A. § 1811(f)(2)(B). (Amended 1989, No. 225 (Adj. Sess.), § 25; 1991, No. 52, § 3, eff. June 6, 1991; 1995, No. 180 (Adj. Sess.), § 38; 2005, No. 191 (Adj. Sess.), § 52; 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012; 2019, No. 103 (Adj. Sess.), § 23; 2021, No. 105 (Adj. Sess.), § 209, eff. July 1, 2022.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 123 - Nonprofit Hospital Service Corporations
§ 4511. Purposes and definition
§ 4513. Permit to engage in business; foreign corporations
§ 4514. Required contract provisions
§ 4515a. Form and rate filing; filing fees
§ 4516. Annual report to Commissioner
§ 4519. Application of chapter