Penal Law § 176.70 · Article 176. Insurance Fraud
Aggravated life settlement fraud
Verbatim from the official edition
Text — Law content up to date as of October 23, 2026, as published by the New York State Senate (Open Legislation)
§ 176.70 Aggravated life settlement fraud.
A person is guilty of aggravated life settlement fraud when he or she commits a fraudulent life settlement act, and has been previously convicted within the preceding five years of any offense, an essential element of which is the commission of a fraudulent life settlement act.
Aggravated life settlement fraud is a class D felony.
Source of truth
- Edition
- Law content up to date as of October 23, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PEN176.70
- Text hash
- sha256 c14634194af835469d829fadfc86b85f78d1cd362c7210cfe6ac783033d24d3c
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.