§ 6050. Purpose
The purpose of this chapter is to regulate the formation and operation of risk retention groups and purchasing groups in this State formed pursuant to the provisions of the federal Liability Risk Retention Act of 1986 (“RRA 1986”), to the extent permitted by such law. (Added 1991, No. 249 (Adj. Sess.), § 23, eff. Dec. 31, 1992.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 142 - Risk Retention Groups and Purchasing Groups
§ 6052. Risk retention groups chartered in this State
§ 6053. Risk retention groups not chartered in this State
§ 6054. Compulsory associations
§ 6055. Purchasing groups; Exemption from certain laws
§ 6056. Notice and registration requirements of purchasing groups
§ 6057. Restrictions on insurance purchased by purchasing groups
§ 6058. Purchasing group taxation
§ 6060. Duties of agent or brokers to obtain license
§ 6061. Binding effect of orders issued in United States District Court