§ 2028 - Fraudulent violations of joint fiduciary accounts - Vermont Statutes

§ 2028. Fraudulent violations of joint fiduciary accounts

(a) No person shall intentionally violate subsection 14212(b) or (e) of Title 8 while acting as a fiduciary on a joint fiduciary account.

(b) A person who violates this section, or misappropriates funds of $500.00 or less in violation of this section, shall be imprisoned not more than two years or fined not more than $10,000.00, or both.

(c) A person who misappropriates funds of more than $500.00 in violation of this section, or who is convicted of a second or subsequent violation of this section, shall be imprisoned not more than 10 years or fined not more than $10,000.00, or both. (Added 2001, No. 115 (Adj. Sess.), § 4, eff. May 28, 2002.)