§ 2602. Rebates on life insurance; witnesses' immunity. (a) No person shall knowingly receive any rebate or allowance or deduction from any premium, or any valuable thing, special favor or advantage whatever not specified in the policy, as an inducement to take any policy of life insurance.

Terms Used In N.Y. Insurance Law 2602

  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,

(b) In any criminal proceeding before any court or grand jury for a violation of this section, the court or grand jury may confer immunity in accordance with the provisions of section 50.20 or 190.40 of the criminal procedure law.

  Previous section
Next section  
 Article 26 Contents