Vermont Statutes
Chapter 141 - Captive Insurance Companies
§ 6016. Laws applicable

§ 6016. Laws applicable
No provisions of this title, other than those contained in this chapter or contained in specific references contained in this chapter, shall apply to captive insurance companies. Risk retention groups shall have the privileges and be subject to the provisions of chapter 142 of this title in addition to the applicable provisions of this chapter. (Added 1981, No. 28; amended 2003, No. 55, § 7.)

Structure Vermont Statutes

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 141 - Captive Insurance Companies

§ 6001. Definitions

§ 6002. Licensing; authority

§ 6003. Names of companies

§ 6004. Minimum capital and surplus; letter of credit

§ 6005. Dividends

§ 6006. Formation of captive insurance companies in this State

§ 6006a. Mergers

§ 6006b. Redomestication

§ 6007. Reports and statements

§ 6008. Examinations and investigations

§ 6009. Grounds and procedures for suspension or revocation of license

§ 6010. Legal investments

§ 6011. Reinsurance

§ 6012. Rating organizations; memberships

§ 6013. Exemption from compulsory associations

§ 6014. Tax on premiums collected

§ 6015. Rules and regulations

§ 6016. Laws applicable

§ 6017. Captive Insurance Regulatory and Supervision Fund

§ 6018. Delinquency

§ 6019. Rules for controlled unaffiliated business

§ 6020. Conversion to or merger with reciprocal insurer

§ 6024. Dormant captive insurance companies

§ 6031. Formation

§ 6032. Definitions

§ 6033. Supplemental application materials

§ 6034. Protected cells

§ 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

§ 6039. Claimant recourse

§ 6041. Establishment of a branch captive insurance company

§ 6042. Definitions

§ 6043. Security required

§ 6043. Security required

§ 6045. Branch captive reports

§ 6046. Examination of branch captives

§ 6047. Taxation of branch captives

§ 6048a. Applicable law

§ 6048b. Existing licenses

§ 6048c. Definitions

§ 6048d. Licensing; authority

§ 6048e. Changes in plan of operation; voluntary dissolution or cessation of business

§ 6048f. Formation

§ 6048g. Minimum capital and surplus

§ 6048h. Securities

§ 6048i. Permitted reinsurance

§ 6048j. Disposition of assets; investments

§ 6048k. Annual report; books and records

§ 6048l. License suspension and revocation

§ 6048m. Delinquency

§ 6048n. Sponsored captives

§ 6048o. Confidentiality

§ 6049a. Applicable law

§ 6049b. Definitions

§ 6049c. Licensing; authority

§ 6049d. Formation

§ 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

§ 6049l. Requirements for actuarial opinions

§ 6049m. Confidentiality