New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter II. Agents, Brokers and Adjusters |
Part 28. Professional Bail Agents |
Sec. 28.7. Prohibition against payment of compensation to unlicensed bail agents
Latest version.
- No insurer or charitable bail organization, and no officer, bail agent or other representative thereof, shall pay any commission or other compensation to any person, firm, corporation, or other entity for or because of his, her, or its acting as a bail agent in this State, except to a licensed bail agent appointed by the insurer or charitable bail organization.