§ 4370.
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/vt/title-8/chapter-117/4370A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 4370. Assessments
If an association has not sufficient funds for the payment of losses incurred, reserves, and expenses, it shall make an assessment for the amount needed to pay such losses, reserves, and expenses upon the members in proportion to their several payrolls and rates.