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New York Consolidated Laws, Insurance Law - ISC § 503. Enforcement

Current as of January 01, 2026 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - New York Consolidated Laws, Insurance Law - ISC § 503. Enforcement - last updated January 01, 2026 | https://codes.findlaw.com/ny/insurance-law/isc-sect-503/

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