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Current as of January 01, 2021 | Updated by FindLaw Staff
(a) Each place of business established by the holder of an agent and/or broker license shall be under the supervision of one or more persons licensed to do the kinds of business transacted in that office. The headquarters location must be supervised by one or more persons licensed to do all the kinds of business for which the licensee is authorized. Any satellite office established by a licensee must be supervised by one or more persons licensed to do the kinds of business to be transacted in that office.
(b) Written notice shall be given to the superintendent containing the location of each satellite office and the licensed person or persons responsible for each satellite office.
Cite this article: FindLaw.com - New York Consolidated Laws, Insurance Law - ISC § 2129. Duty to have an agent or broker at each place of business - last updated January 01, 2021 | https://codes.findlaw.com/ny/insurance-law/isc-sect-2129.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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