The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 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.
Title 8 : Banking and Insurance
Chapter 117 : Workers' Compensation Insurance
Subchapter 002 : Mutual Workers' Compensation Insurance Associations
(Cite as: 8 V.S.A. § 4370)-
§ 4370. Assessments
If an association has not sufficient funds for the payment of losses incurred, reserves, and expenses, it shall make an assessment for the amount needed to pay such losses, reserves, and expenses upon the members in proportion to their several payrolls and rates.
