§ 6037. Investments by sponsored captive insurance companies and protected cells
Notwithstanding the provisions of section 6034 of this title, the assets of two or more protected cells may be combined for purposes of investment, and such combination shall not be construed as defeating the segregation of such assets for accounting or other purposes. Sponsored captive insurance companies and protected cells shall comply with the investment requirements contained in section 6010 of this title. (Added 2003, No. 55, § 9; amended 2019, No. 110 (Adj. Sess.), § 8, eff. June 15, 2020.)
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