§ 3112. Automatic bank withdrawal agreements; notification required.\nAny insurer licensed to issue insurance in the state who has an\nautomatic bank withdrawal agreement with an insured for the payment of\ninsurance premiums for any type of insurance shall give the insured at\nleast fifteen days advance written notice of any increase in policy\npremiums prior to any automatic bank withdrawal of an increased premium.\n
N.Y. Ins. Law § 3112
Automatic bank withdrawal agreements; notification required
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.