2019 New York Laws
PEN - Penal
Part 3 - Specific Offenses
Title K - Offenses Involving Fraud
Article 176 - Insurance Fraud
176.40 - Fraudulent Life Settlement Act; Defined.

Universal Citation: NY Penal L § 176.40 (2019)
§ 176.40 Fraudulent life settlement act; defined.
  A  fraudulent  life  settlement  act  is  committed by any person who,
knowingly and with intent to defraud, presents, causes to be  presented,
or  prepares  with  knowledge or belief that it will be presented to, or
by, a life settlement provider, life settlement broker, life  settlement
intermediary,  or  any  agent  thereof,  or  to  any  owner  any written
statement or other physical evidence as part of, or in  support  of,  an
application for a life settlement contract, a claim for payment or other
benefit under a life settlement contract, which the person knows to:

(1) contain materially false information concerning any material fact thereto; or

(2) conceal, for the purpose of misleading, information concerning any fact material thereto.

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