Insurance Law 7718 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 7717 Stay of proceedings; reopening default judgments up ARTICLE 77 The Life and Health Insurance Company Guaranty Corporation of New York Act next SECTION 7719 Resolution facility Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 7718 Prohibited advertisement of the corporation in sale of insurance Insurance (ISC) CHAPTER 28, ARTICLE 77 § 7718. Prohibited advertisement of the corporation in sale of insurance. No person, including an insurer, agent or affiliate of an insurer and no broker shall make, publish, disseminate, circulate or place before the public, or cause directly or indirectly, to be made, published, disseminated, circulated or placed before the public, in any newspaper, magazine or other publication, or in the form of a notice, circular, pamphlet, letter or poster, or over any radio station or television station, or in any other way, any advertisement, announcement or statement which uses the existence of the corporation for the purpose of sales, solicitation or inducement to purchase any form of insurance covered by this article, provided, however, that this section shall not apply to the corporation or any other entity which does not sell or solicit insurance, or to prohibit the furnishing of written information in a form prepared by the corporation and approved by the superintendent by a member insurer directly to a policyholder in response to a written request therefor.