Several penalties exist for violators of the Lacey Act and Shorepoint has the protection you need.
Lacey Act Risk
U.S. Lacey Act, 16 U.S.C. §§ 3371-3378, is a long-standing wildlife trafficking statute first established in 1900 and amended many times since, that protects both plants and wildlife by creating civil and criminal penalties for a wide array of violations. Most notably, the Act prohibits trade in wildlife, fish, and plants that have been illegally taken, possessed, transported or sold. Thus, the Act underscores other federal, state, and foreign laws protecting plants and wildlife by making it a separate offense to take, possess, transport, or sell wildlife that has been taken in violation of those laws. In May 2008, The U.S. Congress amended the Act to include trade in products made from illegally harvested wood.
Risk Management Response
Several penalties exist for violators of the Lacey Act including seizure and forfeiture of the affected goods, civil and criminal fines and penalties, potential conviction that may lead to imprisonment.
Believing that the defendant, individually and corporately, may be innocent and needing an appropriate defense and indemnification, insurance solutions exist as custom developed by Shorepoint Insurance Services.
Complete the Lacey Act Insurance Indicator for a quote indication.
Additional Resources in PDF Format