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§4087. Penalties for violations


Published: 2015

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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

107

:
HEALTH INSURANCE






Subchapter

001
:
GENERALLY










 

§

4087. Penalties for violations

Any person,

partnership or corporation wilfully violating any provision of this chapter or

order of the commissioner made in accordance with this chapter, shall pay an

administrative penalty to the people of the state a sum not to exceed $750.00

for each such violation. The commissioner may also suspend or revoke the

license of an insurer or agent for any such wilful violation. (Amended 1995,

No. 167 (Adj. Sess.), § 9.)