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Vt. Stat. Ann. tit. 8, § 5039

Penalties

Known as the Non-Admitted Insurance Act

The act spans §§ 8–8 (21 sections).

Added 1979, No. 50, § 2; amended 1995, No. 167 (Adj

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.

Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.