Vt. Stat. Ann. tit. 8, § 3434. Fees-Penalty for receiving: Insurance Companies Generally – Vermont

Status: Enacted
Year Enacted: 1967
Year Amended: 1995
File: Download

No director, officer, or member of any such insurer or insurers except as fully expressed in the affidavits, described in section 3433 of this title, shall receive any fee, commission, other compensation, or valuable consideration whatever, direct or indirect, for in any manner aiding, promoting, or assisting in such merger, consolidation, or reinsurance.


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