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Current as of January 01, 2026 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - New York Consolidated Laws, Insurance Law - ISC § 205. Gratuities; prohibited payments to department personnel - last updated January 01, 2026 | https://codes.findlaw.com/ny/insurance-law/isc-sect-205/
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