New York § 2401 Purpose

New York Statutes

§ 2401 — Purpose

New York § 2401

Law ISCInsurance

Art. 24Unfair Methods of Competition and Unfair and Deceptive Acts and Practices

This text of New York § 2401 (Purpose) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Insurance § 2401 (2026).

Text

  § 2401. Purpose. The purpose of this article is to regulate trade\npractices in the business of insurance, including the business of life\nsettlements, in accordance with the intent of congress as expressed in\nPublic Law 15, 79th Congress, by defining, or providing for the\ndetermination of, all such practices in this state that constitute\nunfair methods of competition or unfair or deceptive acts or practices\nand by prohibiting the trade practices so defined or determined.\n

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§ 2401. Purpose. The purpose of this article is to regulate trade\npractices in the business of insurance, including the business of life\nsettlements, in accordance with the intent of congress as expressed in\nPublic Law 15, 79th Congress, by defining, or providing for the\ndetermination of, all such practices in this state that constitute\nunfair methods of competition or unfair or deceptive acts or practices\nand by prohibiting the trade practices so defined or determined.\n