New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IX - Unfair Trade Practices
Part 224 - Suitability and Best Interests in Life Insurance and Annuity Transactions
Section 224.8 - Violations
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 224.8
Current through Register Vol. 46, No. 12, March 20, 2024
A contravention of this Part shall be deemed to be an unfair method of competition or an unfair or deceptive act and practice in the conduct of the business of insurance in this state and shall be deemed to be a trade practice constituting a determined violation, as defined in Insurance Law section 2402(c), except where such act or practice shall be a defined violation, as defined in Insurance Law section 2402(b), and in either such case shall be a violation of Insurance Law section 2403.
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