Statute · New York Insurance Law
N.Y. Ins. Law § 503 — Enforcement
N.Y. Ins. Law § 503
- Type
- Statute
- Source
- New York Insurance Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 503. 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…
Citator
N.Y. Ins. Law § 503 — Enforcement is in force in the current edition of the Code, and nothing recorded condemns it.
§ 503. 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.