2019 US Virgin Islands Code
Title 22 - Insurance
Chapter 27 - Unauthorized Insurers
§ 663. Penalty for default
Universal Citation: V.I. Code tit. 22, § 663 (2019)
If any surplus line broker fails to file his annual statement, or fails to remit the tax provided by section 662 of this title, he shall be subject to the terms and conditions of the penalties set forth in chapter 25, section 604 of this title. The tax may be collected by distraint, or the tax and fine may be recovered by an action instituted by the Commissioner in any court of competent jurisdiction.
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