N.Y. Insurance Law Section 205
Gratuities

  • prohibited payments to department personnel

(a)

No insurer or other person subject to this chapter, nor any other insurer or person shall directly or indirectly confer, or offer to confer, any money or other valuable benefit, whether in the form of payment, loan, credit, or otherwise, upon the superintendent, any deputy, or any employee of the department, by way of gratuity or for service or pretended service. Neither the superintendent, any deputy, nor any employee of the department shall accept, or offer to accept, any such money or benefit.

(b)

Subsection (a) hereof shall not prohibit the payment of compensation to any stenographer for transcripts of hearings or conferences, except that the superintendent may prescribe, by regulation, the conditions under which such transcripts may be furnished and the compensation therefor.

Source: Section 205 — Gratuities; prohibited payments to department personnel, https://www.­nysenate.­gov/legislation/laws/ISC/205 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

Green check means up to date. Up to date

Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 205’s source at nysenate​.gov

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