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Current as of January 01, 2020 | Updated by FindLaw Staff
The Commissioner, in addition to using any other power exercisable by the Commissioner under this title, may:
(1) impose an administrative penalty of not more than $1,000.00 for each violation upon any person who violates or participates in a violation of any law or regulation described in this subchapter;
(2) impose an administrative penalty in an amount greater than the amount prescribed in subdivision (1) of this section if a greater amount is prescribed in the federal law or regulation violated;
(3) order any person to make restitution to any person injured as a result of any violation of this subchapter; and
(4) order any person to cease violating this subchapter.
Cite this article: FindLaw.com - Vermont Statutes Title 8. Banking and Insurance, § 10603. Penalty - last updated January 01, 2020 | https://codes.findlaw.com/vt/title-8-banking-and-insurance/vt-st-tit-8-sect-10603.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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