New York Financial Services Law Article 1 - GENERAL PROVISIONS

  • 101 - Short Title.
    This chapter shall be known and may be cited as the "financial services law".
  • 101-a - Legislative Findings and Determinations.
    The legislature finds and determines that the banking, insurance and financial services industries constitute a critical sector of New York state's economy. The legislature also...
  • 102 - Department of Financial Services.
    The legislature hereby declares that the purpose of this chapter is to consolidate the departments of insurance and banking, and provide for the enforcement of...
  • 103 - Explanation of Order of Provisions.
    In this financial services law, the provisions have been divided in descending order of application, with illustrations, as follows: Article 1 Section 101 Subsection (a)...
  • 104 - Definitions.
    (a) In this chapter, unless the context otherwise requires: (1) "Department" shall mean the department of financial services. (2) "Financial product or service" shall mean:...

Last modified: February 3, 2019