2011 Vermont Code
Title 08 Banking and Insurance
Chapter 154 LONG-TERM CARE INSURANCE
§ 8099 Enforcement
§ 8099. Enforcement
(a) No policy may be advertised, marketed, or offered as long-term care insurance unless it complies with the provisions of this chapter and rules adopted under this chapter.
(b) In addition to any other remedy or sanction provided by law, after notice and opportunity for hearing, the commissioner may assess an administrative penalty in an amount not to exceed $10,000.00 or up to three times the amount of any commissions paid, whichever is greater, for each violation against any person who violates any provision of this chapter.
(c) A person who violates a provision of this chapter shall be fined not more than $10,000.00 or imprisoned for not more than six months, or both.
(d) The department or the attorney general at the request of the department may bring an action to enforce the provisions of this chapter in Washington Superior Court. (Added 2003, No. 124 (Adj. Sess.), { 2, eff. Jan. 1, 2005.)
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