N.Y. ISC Law § 4225
This is the official text of N.Y. ISC Law § 4225, part of New York’s ISC Law — part of the compiled statutory law of New York, published by the state as "ISC Law." Browse the sections below, each linked to its official government source.
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Domestic life insurance companies; discrimination as to brokers
Official statutory text
§ 4225. Domestic life insurance companies; discrimination as to\nbrokers. No officer, trustee or director of a domestic life insurance\ncompany shall direct or require a borrower from the life insurance\ncompany on mortgage to negotiate any policy of insurance on the\nmortgaged property through any particular insurance broker, or attempt\nto divert to any particular insurance broker the patronage of borrowers\nfrom the life insurance company, or refuse to accept any such insurance\npolicy because it was not negotiated through a particular insurance\nbroker.\n
Status: in_force · Read it on the official government site
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