New York § 7401 - 7401Application of article; definitions
Full text of New York New York Consolidated Laws § 7401 — 7401Application of article; definitions, with citation guidance and answers to common questions.
§ 7401. 7401Application of article; definitions
§ 7401. Application of article; definitions. (a) This article shall apply to all corporations, associations, societies, orders, firms, and individuals to which this chapter is applicable, or which are subject to examination or supervision by the superintendent under this chapter or under any other law of this state, or which are doing or attempting to do or representing that they are doing the business of insurance in this state, or which are in process of organization for the purpose of or intending to do such business therein, anything in this chapter or any other law of this state to the contrary notwithstanding. (b) In this article: (1) "insurer" includes all corporations, associations, societies, orders, firms, and individuals specified in subsection (a) hereof; (2) "assets" includes all deposits and funds of a special or trust nature.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 7401
What does New York Consolidated Laws § 7401 cover?
Section 7401 ("7401Application of article; definitions") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 7401?
A common citation format is "New York Consolidated Laws § 7401" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 7401 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.