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The bill provides an update to the state’s cell legislation, enabling a captive insurance company to be converted into an unincorporated cell, with all of its assets, rights, benefits, obligations and liabilities remaining unaffected by the process.

Vermont
United-states
Phil-scott
Department-of-financial-regulation
Vermont-captive-insurance-association
Vermont-general-assembly
Governor-phil-scott
Financial-regulation

The bill provides an update to the state’s cell legislation, enabling a captive insurance company to be converted into an unincorporated cell, with all of its assets, rights, benefits, obligations and liabilities remaining unaffected by the process.

Vermont
United-states
Phil-scott
Department-of-financial-regulation
Vermont-captive-insurance-association
Vermont-general-assembly
Governor-phil-scott
Financial-regulation

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