§4517. Investments

Link to law: http://legislature.vermont.gov/statutes/section/08/123/04517
Published: 2015

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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.)