N.Y. Ins. Law § 503

Current through 2024 NY Law Chapter 456
Section 503 - Definitions

Enforcement.

If the superintendent finds, after notice and hearing, that any person, other than a governmental entity, has wilfully violated this article, then the superintendent may order the person to pay to the people of this state a penalty in a sum of one thousand dollars for the first violation and two thousand dollars for each subsequent violation.

N.Y. Ins. Law § 503

Amended by New York Laws 2015, ch. 8,Sec. 1 and Sec. 2, eff. 3/13/2015.
Added by New York Laws 2014, ch. 552,Sec. 1, eff. 4/29/2015.