8 V.S.A. § 5039: Penalties
Where this section sits in the code
- Title 8: Banking and Insurance
- Chapter 138: Non-Admitted Insurers and Surplus Lines Insurance
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.
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