Vermont § 5039 Penalties

Vermont Statutes

§ 5039 — Penalties

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 138 Chapter 138: Non-Admitted Insurers and Surplus Lines Insurance

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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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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