No licensee shall share in or receive any fee or commission in connection with any insurance service rendered to, or insurance coverage placed on behalf of, a governmental unit unless such licensee actually rendered insurance services to, or placed or serviced insurance coverages on behalf of, such governmental unit, for which said fees and/or commissions were paid.
N.Y. Comp. Codes R. & Regs. Tit. 11 § 29.4