The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
002
:
MUTUAL WORKERS' COMPENSATION INSURANCE ASSOCIATIONS
(Cite as: 8 V.S.A. § 4362)
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§ 4362. Commissioner’s approval required
The Commissioner may require the incorporators of an association formed pursuant to
section 4361 of this subchapter to include in its proposed certificate of incorporation
any lawful provisions for the regulation of the affairs of the association and the
definition of its powers and the powers of its officers, directors, and incorporators
as the Commissioner may deem necessary to ensure that it is well designed and wisely
adapted to its proposed purposes. When the Commissioner has approved the certificate
and it has been filed with the Secretary of State, the incorporators shall promptly
submit copies of it to the Office of the Commissioner and of the Commissioner of Labor. (Amended 2005, No. 103 (Adj. Sess.), § 3, eff. April 5, 2006; 2021, No. 105 (Adj. Sess.), § 179, eff. July 1, 2022.)