Vermont § 30703 - Criminal penalties
Full text of Vermont Vermont Statutes Online § 30703 — Criminal penalties, with citation guidance and answers to common questions.
§ 30703. Criminal penalties
- (a) It shall be a criminal offense, punishable by a fine of not more than $1,000.00 or
imprisonment of not more than one year, or both, for any person to violate any existing
order of the Commissioner or, after receipt of a removal order or an order assessing
a penalty, to perform any duty or exercise any power of or on behalf of any credit
union until the penalty has been satisfied, or otherwise satisfactorily resolved between
the parties, or the removal or penalty order is vacated by the Commissioner or by
a court of competent jurisdiction. (b) It shall be a criminal offense, punishable by a fine of not more than $10,000.00 or
imprisonment of not more than one year, or both, for any person to violate willfully
any existing order of the Commissioner or, after receipt of a removal order or an
order assessing a penalty, to perform willfully any duty or exercise any power of
or on behalf of any credit union until the penalty has been satisfied, or otherwise
satisfactorily resolved between the parties, or the removal or penalty order is vacated
by the Commissioner or by a court of competent jurisdiction. (c) An executive officer, director, or an appointed or elected member of a credit union
committee subject to the laws of this State under this title who willfully misapplies
any of the monies, funds, or credits of such credit union or any of the monies, funds,
assets, or securities entrusted to the care of such credit union, or to the care or
custody of such executive officer, director, or member, shall be fined not more than
$100,000.00 or imprisoned not more than five years, or both. (Added 2005, No. 16, § 1, eff. July 1, 2005.)
Frequently Asked Questions About Vermont § 30703
What does Vermont Statutes Online § 30703 cover?
Section 30703 ("Criminal penalties") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 30703?
A common citation format is "Vermont Statutes Online § 30703" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 30703 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.