Vermont Statutes Title 13 Sec. 2025
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Terms Used In Vermont Statutes Title 13 Sec. 2025
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
§ 2025. Employers without workers’ compensation insurance; criminal sanction
Any employer who fails to comply with the provisions of 21 V.S.A. § 687 shall be fined not more than $2,500.00 or imprisoned for up to one year, or both. For the purposes of this section, the term employer includes the owner or operator of a business, the officers of a corporation, and the partners in a partnership. (Added 1997, No. 19, § 10.)