Vt. Stat. Ann. tit. 8, § 4209
Penalties
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A company, corporation, association, society, or other insurer or any officer or agent thereof that issues or delivers to a person, firm, or corporation in this State a policy in wilful violation of the provisions of this chapter shall pay an administrative penalty of not more than $2,000.00 for each offense. The Commissioner may revoke the license of a company, corporation, association, society, or other insurer of another state or country, or of the agent thereof, that willfully violates such provisions.
A company, corporation, association, society, or other insurer or any officer or agent thereof that issues or delivers to a person, firm, or corporation in this State a policy in wilful violation of the provisions of this chapter shall pay an administrative penalty of not more than $2,000.00 for each offense. The Commissioner may revoke the license of a company, corporation, association, society, or other insurer of another state or country, or of the agent thereof, that willfully violates such provisions.
Amended 1995, No. 167 (Adj. Sess.), § 14.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.