2006 New York Code - Broker Authorized To Receive Premium, When.

 
    §  2121.  Broker  authorized to receive premium, when. (a) Any insurer
  which delivers in this state to any  insurance  broker  or  any  insured
  represented  by  such  broker  a  contract  of insurance pursuant to the
  application or request of such broker, acting for an insured other  than
  himself,  shall  be  deemed to have authorized such broker to receive on
  its behalf payment of any premium which is due on such contract  at  the
  time  of  its issuance or delivery or payment of any installment of such
  premium  or  any  additional  premium  which  becomes  due  or   payable
  thereafter  on  such contract, provided such payment is received by such
  broker within ninety  days  after  the  due  date  of  such  premium  or
  installment  thereof or after the date of delivery of a statement by the
  insurer of such additional premium.
    (b) An agent who represents an insured for the  purpose  of  obtaining
  insurance  pursuant  to  any  plan  authorized  by articles fifty-three,
  fifty-four and fifty-five of this chapter shall be deemed to be a broker
  for the purposes of this section.