These documents are not legal documents but are placed here for reference purposes only. For a legal copy please contact the department.
|Printer-friendly version of Banking Bulletin 35||20.41 KB|
BANKING BULLETIN #35
Revised January 25, 2012
PACE Reserve Fund
Effective January 1, 2012, pursuant to 24 V.S.A. §3269(c) and (d), the Commissioner of the Department of Banking, Insurance, Securities and Health Care Administration has determined, until further notice, that every PACE participant will contribute 2.0 percent of the original PACE assessment to the Reserve Fund created pursuant to 24 V.S.A. § 3269.
Stephen W. Kimbell, Commissioner