Vermont § 4472 - Institutions

Full text of Vermont Vermont Statutes Online § 4472 — Institutions, with citation guidance and answers to common questions.

§ 4472. Institutions

  • (a) It shall be lawful for a society to create, maintain, and operate charitable, benevolent,
    or educational institutions for the benefit of its members and their families and
    dependents and for the benefit of children insured by the society. For that purpose,
    it may own, hold, or lease personal property or real property located within or outside
    this State, with necessary buildings thereon. The property shall be reported in every
    annual statement but shall not be allowed as an admitted asset of the society. (b) Maintenance, treatment, and proper attendance in any such institution may be furnished
    free or a reasonable charge may be made therefor, but no such institution shall be
    operated for profit. The society shall maintain a separate accounting of any income
    and disbursements under this section and report them in its annual statement. No
    society shall own or operate funeral homes or undertaking establishments. (Added 1959, No. 197, § 12, eff. Nov. 22, 1959.)

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Frequently Asked Questions About Vermont § 4472

What does Vermont Statutes Online § 4472 cover?

Section 4472 ("Institutions") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 4472?

A common citation format is "Vermont Statutes Online § 4472" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 4472 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.