The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
005
:
FRAUD AND LIABILITIES
(Cite as: 9 V.S.A. § 5508)
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§ 5508. Criminal penalties
(a)(1) Upon conviction, any person shall be fined not more than $100,000.00 or imprisoned
not more than five years, or both who:
(A) willfully violates this chapter, or a rule adopted or order issued under this chapter,
except section 5504 of this chapter or the notice filing requirements of section 5302
or 5405 of this chapter; or
(B) willfully violates section 5505 of this chapter knowing the statement made to be false
or misleading in a material respect.
(2) An individual convicted of violating a rule or order under this chapter may be fined,
but may not be imprisoned, if the individual did not have knowledge of the rule or
order.
(3) For purposes of subdivision (a)(1) of this subsection, the term “willfully” means
purposely or willingly committing the act or making the omission and does not require
an intent to violate the law or to injure another or to acquire any advantage.
(b) The Attorney General with or without a reference from the Commissioner may institute
criminal proceedings under this chapter.
(c) This chapter does not limit the power of this State to punish a person for conduct
that constitutes a crime under other laws of this State. (Added 2005, No. 11, § 1, eff. July 1, 2006.)