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2011 Vermont Code
Title 08 Banking and Insurance
Chapter 138 NON-ADMITTED INSURERS
§ 5039 Penalties


8 VT Stats § 5039. (2011 through Adj Sess) What's This?

§ 5039. Penalties

In addition to any other penalty provided for in this chapter or otherwise provided by law, including any suspension, revocation or refusal to renew a license, any person, firm, association or corporation violating any provision of this chapter shall be liable for an administrative penalty not exceeding $1,000.00 for the first offense, and not exceeding $2,500.00 for each succeeding offense. (Added 1979, No. 50, { 2; amended 1995, No. 167 (Adj. Sess.), { 22.)

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