The amendment establishes requirements and guidelines for the formation and operation of a special-purpose financial captive insurance company, or "SPFC." These provisions are included in a new
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{
"author": {
"name": "Kevin Moriarty",
"webUrl": "/author/profile/kevin-moriarty/",
"description": "",
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"articles": [
{
"uri": "/2007/08/05/vermonts-spfc-legislation-expands-captive-insurer-uses/",
"title": "Vermont's SPFC Legislation Expands Captive Insurer Uses",
"byline": "Kevin Moriarty",
"kicker": "",
"prettyDate": "August 05, 2007",
"timeToRead": "4 minute",
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},
"authors": [
{
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"summary": "The amendment establishes requirements and guidelines for the formation and operation of a special-purpose financial captive insurance company, or "SPFC." These provisions are included in a new",
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}
]
}
}