Statute · New York Penal Law
N.Y. Penal Law § 176.55 — Life settlement fraud in the third degree
N.Y. Penal Law § 176.55
- Type
- Statute
- Source
- New York Penal Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 176.55 Life settlement fraud in the third degree.
Citator
N.Y. Penal Law § 176.55 — Life settlement fraud in the third degree is in force in the current edition of the Code, and nothing recorded condemns it.
§ 176.55 Life settlement fraud in the third degree.
A person is guilty of life settlement fraud in the third degree when he or she commits a fraudulent life settlement act and thereby wrongfully takes, obtains or withholds, or attempts to wrongfully take, obtain or withhold property with a value in excess of fifty thousand dollars.
Life settlement fraud in the third degree is a class D felony.