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New York · Through 2026-09-11

N.Y. Insurance Law § 7401: Application of article; definitions

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Where this section sits in the code
  1. Insurance Law
  2. Article 74. Rehabilitation, Liquidation, Conservation and Dissolution of Insurers

§ 7401. Application of article; definitions. (a) This article shall

apply to all corporations, associations, societies, orders, firms, and

individuals to which this chapter is applicable, or which are subject to

examination or supervision by the superintendent under this chapter or

under any other law of this state, or which are doing or attempting to

do or representing that they are doing the business of insurance in this

state, or which are in process of organization for the purpose of or

intending to do such business therein, anything in this chapter or any

other law of this state to the contrary notwithstanding.

(b) In this article:

(1) "insurer" includes all corporations, associations, societies,

orders, firms, and individuals specified in subsection (a) hereof;

(2) "assets" includes all deposits and funds of a special or trust

nature.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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