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New York · Through 2026-09-11

N.Y. Insurance Law § 205: Gratuities; prohibited payments to department personnel

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Where this section sits in the code
  1. Insurance Law
  2. Article 2. Organization of the Department of Financial Services

§ 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.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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