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
005
:
AFFILIATED REINSURANCE COMPANIES
(Cite as: 8 V.S.A. § 6049g)
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§ 6049g. Disposition of assets; investments
(a) The assets of an affiliated reinsurance company shall be preserved and administered
by or on behalf of the affiliated reinsurance company to satisfy the liabilities and
obligations of the affiliated reinsurance company incident to the reinsurance contract
and other related agreements.
(b) The Commissioner may prohibit or limit any investment that threatens the solvency
or liquidity of the affiliated reinsurance company unless the investment is otherwise
approved in its plan of operation or in an order issued to the affiliated reinsurance
company pursuant to subsection 6049c of this chapter. (Added 2017, No. 134 (Adj. Sess.), § 10.)