HEALTH INSURANCE OF VERMONT INC
15-12G, 1996-08-30
LIFE INSURANCE
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                     SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C.  20549

                                   FORM 15

 Certification and Notice of Termination of Registration under Section 12(g) of
   the Securities Exchange Act of 1934 or Suspension of Duty to File Reports
      Under Section 13 and 15(d) of the Securities Exchange Act of 1934.


                    Commission File Number         0-9934
                                                 ----------

                      Health Insurance of Vermont, Inc.
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           (Exact name of registrant as specified in its charter)


        One Roosevelt Highway, Cochester, VT  05446      (802) 655-5500
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   (Address, including zip code, and telephone number, including area code,
                of registrant's principal executive offices)


                        Common Stock, $3.00 par value
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          (Title of each class of securities covered by this Form)


                                    None
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      (Titles of all other classes of securities for which a duty to file
                reports under section 13(a) or 15(d) remains)


      Please place an X in the box(es) to designate the appropriate rule 
provision(s) relied upon to terminate or suspend the duty to file reports:

         Rule 12g-4(a)(1)(i)     [X]     Rule 12h-(3)(b)(1)(ii)   [ ]
         Rule 12g-4(a)(1)(ii)    [ ]     Rule 12h-(3)(b)(2)(i)    [ ]
         Rule 12g-4(a)(2)(i)     [ ]     Rule 12h-(3)(b)(2)(ii)   [ ]
         Rule 12g-4(a)(2)(ii)    [ ]     Rule 15d-6               [ ]
         Rule 12h-(3)(b)(1)(i)   [ ]


Approximate number of holders of record as of the certification or notice 
date:
                                     One
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      Pursuant to the requirements of the Securities Exchange Act of 1934 
(Name of registrant as specified in charter) has caused this 
certification/notice to be signed on its behalf by the undersigned duly 
authorized person.

DATE:          08/30/96                BY:       /s/ JOHN W. MAHONEY
       ------------------------            -------------------------------

Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the 
General Rules and Regulations under the Securities Exchange Act of 1934. 
The registrant shall file with the Commission three copies of Form 15, one 
of which shall be manually signed. It may be signed by an officer of the 
registrant, by counsel or by any other duly authorized person. The name 
and title of the person signing for form shall be typed or printed under 
the signature.





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