Insurance Law 205 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 202 Drug accountability board up ARTICLE 2 Organization of the Department of Financial Services next SECTION 208 Transfer or destruction of records Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 205 Gratuities; prohibited payments to department personnel Insurance (ISC) CHAPTER 28, ARTICLE 2 § 205. Gratuities; prohibited payments to department personnel. (a) No insurer or other person subject to this chapter, nor any other insurer or person shall directly or indirectly confer, or offer to confer, any money or other valuable benefit, whether in the form of payment, loan, credit, or otherwise, upon the superintendent, any deputy, or any employee of the department, by way of gratuity or for service or pretended service. Neither the superintendent, any deputy, nor any employee of the department shall accept, or offer to accept, any such money or benefit. (b) Subsection (a) hereof shall not prohibit the payment of compensation to any stenographer for transcripts of hearings or conferences, except that the superintendent may prescribe, by regulation, the conditions under which such transcripts may be furnished and the compensation therefor.