§ 6013. Exemption from compulsory associations
No captive insurance company shall be permitted to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this State, nor shall any such captive insurance company, or any insured or affiliate thereof, receive any benefit from any such plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of such captive insurance company. (Added 1981, No. 28; amended 1997, No. 49, § 15, eff. June 26, 1997; 2003, No. 55, § 7.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 141 - Captive Insurance Companies
§ 6004. Minimum capital and surplus; letter of credit
§ 6006. Formation of captive insurance companies in this State
§ 6007. Reports and statements
§ 6008. Examinations and investigations
§ 6009. Grounds and procedures for suspension or revocation of license
§ 6012. Rating organizations; memberships
§ 6013. Exemption from compulsory associations
§ 6014. Tax on premiums collected
§ 6017. Captive Insurance Regulatory and Supervision Fund
§ 6019. Rules for controlled unaffiliated business
§ 6020. Conversion to or merger with reciprocal insurer
§ 6024. Dormant captive insurance companies
§ 6033. Supplemental application materials
§ 6034a. Incorporated protected cells
§ 6034b. Separate accounts of protected cells
§ 6034c. Protected cell conversion
§ 6034d. Sale, transfer, or assignment of protected cells
§ 6034f. Annual report; books and records
§ 6035. Qualification of sponsors
§ 6036. Participants in sponsored captive insurance companies
§ 6037. Investments by sponsored captive insurance companies and protected cells
§ 6038. Delinquency of sponsored captive insurance companies
§ 6041. Establishment of a branch captive insurance company
§ 6045. Branch captive reports
§ 6046. Examination of branch captives
§ 6047. Taxation of branch captives
§ 6048e. Changes in plan of operation; voluntary dissolution or cessation of business
§ 6048g. Minimum capital and surplus
§ 6048i. Permitted reinsurance
§ 6048j. Disposition of assets; investments
§ 6048k. Annual report; books and records
§ 6048l. License suspension and revocation
§ 6049e. Minimum capital and surplus
§ 6049f. Permitted reinsurance
§ 6049g. Disposition of assets; investments
§ 6049h. Annual report; books and records
§ 6049i. Insurance holding company systems
§ 6049j. Corporate governance; disclosure
§ 6049k. Own risk and solvency assessment