N.Y. Insurance Law 2314 – Charging of rates
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§ 2314. Charging of rates. No authorized insurer shall, and no licensed insurance agent, no title insurance agent, no employee or other representative of an authorized insurer, and no licensed insurance broker shall knowingly, charge or demand a rate or receive a premium that departs from the rates, rating plans, classifications, schedules, rules and standards in effect on behalf of the insurer, or shall issue or make any policy or contract involving a violation thereof.
Terms Used In N.Y. Insurance Law 2314
- Contract: A legal written agreement that becomes binding when signed.