Current as of January 01, 2020 | Updated by FindLaw Staff
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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/
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