{"jurisdiction": "us-ny", "code": "penal", "section": "176.45", "citation": "Penal Law § 176.45", "heading": "Life settlement fraud in the fifth degree", "text": ["§ 176.45 Life settlement fraud in the fifth degree.", "A person is guilty of life settlement fraud in the fifth degree when he or she commits a fraudulent life settlement act.", "Life settlement fraud in the fifth degree is a class A misdemeanor."], "official_source": "https://www.nysenate.gov/legislation/laws/PEN/176.45", "from_official_api": true, "plain_english": "A person commits fifth-degree life settlement fraud by **committing a fraudulent life settlement act**. ★ The offense is a **class A misdemeanor**.", "in_force_on": "2026-05-31", "retrieved": "2026-09-27", "url": "https://elyphived.com/us-ny/penal/176.45", "publisher": "Elyphived LLC"}