New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter II. Agents, Brokers and Adjusters |
Part 29. Special Prohibitions |
Sec. 29.4. Practices prohibited
Latest version.
- No licensee shall share in or receive any fee or commission in connection with any insurance service rendered to, or insurance coverage placed on behalf of, a governmental unit unless such licensee actually rendered insurance services to, or placed or serviced insurance coverages on behalf of, such governmental unit, for which said fees and/or commissions were paid.