New York Insurance Law Section 5224 - Penalty for false statements.

5224. Penalty for false statements. Any person and any agent or employee of a person, who knowingly files with the corporation any document required under this article, which is false or contains any material misstatement of fact shall be guilty of a misdemeanor and upon conviction therof shall be subject to a fine of not less than five hundred dollars, nor more than twenty-five hundred dollars, or imprisonment for not more than thirty days.


Last modified: February 3, 2019