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Terms Used In Vermont Statutes Title 8 Sec. 4372

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

§ 4372. Approval of premiums, liabilities, assessments, and dividends

Such association, subject to the approval of the Commissioner, may determine the premiums, contingent liabilities, assessments, penalties, and dividends of its members and enforce or administer the same.