Terms Used In Vermont Statutes Title 8 Sec. 3626

  • Association: means the Vermont Property and Casualty Insurance Guaranty Association created under section 3613 of this title. See
  • Person: means any individual, corporation, partnership, association, or voluntary organization. See

§ 3626. Prohibition against advertising of membership in Association

A person who makes, publishes, or circulates, or causes to be made, published or circulated, any statement which uses the existence of the Association for the purpose of sales, solicitation or inducement to purchase any form of insurance within the scope of this subchapter shall be subject to an administrative penalty of not more than $500.00 for each violation. (Added 1979, No. 18, § 18; amended 1995, No. 167 (Adj. Sess.), § 4.)