New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter III. Policy and Certificate Provisions |
Subchapter A. Life, Accident and Health Insurance |
Part 53. Life and Annuity Cost Disclosure and Sales Illustrations |
Subpart 53-1. General Provisions |
Sec. 53-1.5. Penalties
Latest version.
- In addition to any other penalties provided by the laws of this State, a violation of this Part may be considered an unfair act or practice in the conduct of the business of insurance in this State and a violation of section 2403 as well as a violation of section 2123 or section 4226 of the Insurance Law.