Membership interest not a security

  1. Law
  2. Vermont Statutes
  3. Banking and Insurance
  4. Insurance Companies Generally
  5. Membership interest not a security

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§ 3445. Membership interest not a security

A membership interest in a domestic mutual insurance holding company shall not constitute a security as defined by 9 V.S.A. § 4202a. (Added 1995, No. 167 (Adj. Sess.), § 29a.)


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