New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter III - SUPERINTENDENT'S REGULATIONS
Subchapter B - NON-BANKING ORGANIZATIONS
Part 405 - Premium Finance Agencies
Section 405.2 - Filing of rate charts and agreement forms

Universal Citation: 3 NY Comp Codes Rules and Regs ยง 405.2

Current through Register Vol. 46, No. 12, March 20, 2024

(a) Within three business days after a licensee issues, distributes, furnishes or makes available any chart or charts setting forth rates or amounts for service charges to be used in connection with premium finance agreements for the convenience of agents or brokers, such licensee shall file with the superintendent three copies of each such chart.

(b) Within three business days after a licensee issues, distributes, furnishes or makes available any form or forms of premium finance agreements to be used by agents or brokers in connection with premium financing, such licensee shall file with the superintendent three copies of each such form.

(c) Every form of premium finance agreement and every chart of which a copy is required to be filed with the superintendent pursuant to the provisions of this section shall bear thereon a date of issuance and an identifying symbol consisting of numbers or letters or a combination thereof.

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