8 V.S.A. § 3703: Penalties
Where this section sits in the code
- Title 8: Banking and Insurance
- Chapter 103: Life Insurance Policies and Annuity Contracts
- 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