Vermont § 6036 - Participants in sponsored captive insurance companies
Full text of Vermont Vermont Statutes Online § 6036 — Participants in sponsored captive insurance companies, with citation guidance and answers to common questions.
§ 6036. Participants in sponsored captive insurance companies
- (a) Associations, corporations, limited liability companies, partnerships, trusts, risk
retention groups, sole proprietorships, and other business entities may be participants
in any sponsored captive insurance company formed or licensed under this chapter. (b) A sponsor may be a participant in a sponsored captive insurance company. (c) A participant need not be a shareholder of the sponsored captive insurance company
or any affiliate thereof. (d) A participant shall not insure any risks other than its own and the risks of affiliated
entities or of controlled unaffiliated entities. (Added 1999, No. 38, § 19, eff. May 20, 1999; amended 2003, No. 55, § 9; 2011, No. 78 (Adj. Sess.), § 40, eff. April 2, 2012; 2015, No. 20, § 6, eff. May 7, 2015; 2019, No. 3, § 7, eff. April 18, 2019.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 6036
What does Vermont Statutes Online § 6036 cover?
Section 6036 ("Participants in sponsored captive insurance companies") 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 § 6036?
A common citation format is "Vermont Statutes Online § 6036" (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 § 6036 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.