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The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
121
:
FRATERNAL BENEFIT SOCIETIES
§
4503. Penalties
(a) Any person
who willfully makes a false or fraudulent statement in or relating to an
application for membership or for the purpose of obtaining money from or a
benefit in a society, shall be fined not less than $500.00 nor more than $2,000.00
or imprisoned not less than 30 days nor more than 90 days, or both.
(b) A person who
willfully makes a false or fraudulent statement in any verified report or
declaration under oath required or authorized by this chapter, or of any
material fact or thing contained in a sworn statement concerning the death or
disability of a member for the purpose of procuring payment of a benefit named
in the certificate, shall be guilty of perjury and shall be subject to the
penalties therefor prescribed by law.
(c) A person who
solicits membership for, or in any manner assists in procuring membership in,
any society not licensed to do business in this State shall upon conviction be
fined not less than $250.00 nor more than $1,000.00.
(d) A person
guilty of a willful violation of, or neglect or refusal to comply with the
provisions of this chapter for which a penalty is not otherwise prescribed,
shall upon conviction, be subject to a fine of not more than $1,000.00. (1959,
No. 197, § 43, eff. Nov. 22, 1959; amended 1971, No. 199 (Adj. Sess.), § 17;
1995, No. 167 (Adj. Sess.), § 17.)