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The Vermont Statutes Online

 

Title 8 : Banking and Insurance

Chapter 142 : RISK RETENTION GROUPS AND PURCHASING GROUPS

(Cite as: 8 V.S.A. § 6050)
  • § 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.)