N.Y. Insurance Law § 6804: Premium or compensation

§ 6804. Premium or compensation. (a) The premium or compensation for

giving bail bond or depositing money or property as bail shall not

exceed ten per centum of the amount of such bond or deposit in cases

where such bonds or deposits do not exceed the sum of three thousand

dollars. Where such bonds or deposits exceed the sum of three thousand

dollars, the premium shall not exceed ten per centum of the first three

thousand dollars and eight per centum of the excess amount over three

thousand dollars up to ten thousand dollars and six per centum of the

excess amount over ten thousand dollars. In cases where the amount of

the bond or deposit is less than two hundred dollars a minimum premium

of ten dollars may be charged.

(b) No person or corporation shall:

(1) charge or receive, directly or indirectly, any greater

compensation for making a deposit for bail or giving bail, or act in

such business as aforesaid without obtaining a license, or

(2) accept any fee or compensation for obtaining a license or for

obtaining a bondsman or bail bond. Such person or corporation shall be

guilty of a misdemeanor and in addition shall in any action brought to

recover any such overcharge be liable for treble damages.

(c) Any member of the bar having any financial interest by which he is

to profit from the giving of bail shall be guilty of a misdemeanor.