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.
(Cite as: 30 V.S.A. § 4005)
-
§ 4005. Insurance
Each participating utility shall have the right and power to enter into contracts
or specialized insurance appertaining to property and risks in connection with an
incident to the ownership, operation, and maintenance of electric facilities, in addition
to the usual forms of available insurance. Each participating utility shall be authorized
to enter into contracts or insurance for the use and benefit of each of the other
participating utilities as though the insurance was for its sole benefit and to cause
the rights of the other participating utilities to be protected by contracts according
to their respective undivided interests or entitlements under applicable agreements
between the participating utilities. (Added 1977, No. 97.)