N.Y. Comp. Codes R. & Regs. tit. 12 § 302-2.4

Current through Register Vol. 46, No. 25, June 18, 2024

Section 302-2.4 - Compensation, commissions and rebates

(a) No representative licensed under section 24-a shall exact or accept any fee or other payment unless and until it shall have been authorized by order of the board or referee.

(b) Division of any fee with another licensed representative or a lawyer shall be based upon a division of service or responsibility and shall be improper unless fully disclosed to the board and referee before the fee is authorized.

(c) A representative shall not, directly or indirectly, receive any profit by credit or other valuable consideration as a commission, discount or gratuity in connection with any compensation case.

N.Y. Comp. Codes R. & Regs. Tit. 12 § 302-2.4