Insurance Law 2124 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 2123 Misrepresentations, misleading statements and incomplete comparisons up ARTICLE 21 Agents, Brokers, Adjusters, Consultants and Intermediaries next SECTION 2125 Marine insurance; acting as agent, broker or insurer of persons without insurable interest Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 2124 Stay or suspension of superintendent's determination Insurance (ISC) CHAPTER 28, ARTICLE 21 § 2124. Stay or suspension of superintendent's determination. The commencement of a proceeding under article seventy-eight of the civil practice law and rules, to review the action of the superintendent in suspending or revoking or refusing to renew any certificate under this article, shall stay such action of the superintendent for a period of thirty days. Such stay shall not be extended for a longer period unless the court shall determine, after a preliminary hearing of which the superintendent is notified forty-eight hours in advance, that a stay of the superintendent's action pending the final determination or further order of the court will not unduly injure the interests of the people of the state.