Vermont Statutes
§ 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 provisi
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Nearby Sections
15
§ 8081
Purpose§ 8082
Definitions§ 8084
Disclosure standards§ 8084b
Suitability§ 8086
Preexisting conditions§ 8088
Loss ratio standards