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Vermont · Through 2025 session

8 V.S.A. § 3703: Penalties

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Where this section sits in the code
  1. Title 8: Banking and Insurance
  2. Chapter 103: Life Insurance Policies and Annuity Contracts
  3. Subchapter 001: GENERALLY

A person violating sections 3701 and 3702 of this title may be subject to an administrative penalty of not more than $2,000.00; and the license of such person or company may be suspended by the Commissioner for not less than three months nor more than six months, and for a second offense such license shall be revoked. Such person or company shall not thereafter be licensed for one year from the date of such revocation.

Collected 2026-09-05T13:42:51Z. Source file · JSON

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