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The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
123
:
NONPROFIT HOSPITAL SERVICE CORPORATIONS
§
4517. Investments
Funds of a
hospital service corporation may be invested in any prudent investment as
permitted for an insurance company formed under chapter 101 of this title. The
corporation shall file and obtain the Commissioner's prior approval of its
investment guidelines. Any amendments to the investment guidelines must be
approved by the Commissioner prior to use. (Amended 1997, No. 54, § 4, eff.
June 26, 1997.)