Statutes > Vermont Statutes > Title 08 - Banking and Insurance > Chapter 201 - SUPERVISION; DEFINITIONS (Contains: §§ 11101 – 11703) > § 11604 -   Indemnification

§ 11604 -   Indemnification

§ 11604. Indemnification

A financial institution shall not indemnify any person for any penalty or fine imposed under this title. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)