New York Consolidated Laws
N.Y. Insurance Law § 7415 (2026)
Uniformity of interpretation
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§ 7415. Uniformity of interpretation. The uniform insurers liquidation act shall be interpreted and construed to effectuate its general purpose to make uniform the law of those states that enact it. To the extent that its provisions, when applicable, conflict with other provisions of this chapter, the provisions of this act shall control.
Notes of Decisions
Cited in 2
cases, 1992–2019 · leading case: In re Transit Cas. Co., 588 N.E.2d 38 (NY 1992).
In re Transit Cas. Co., 588 N.E.2d 38 (NY 1992). “, 54 NY2d 69, 77 ; see, Insurance Law § 7415.) Significantly, the Uniform Act contains no provision for notification to policyholders.”
Hala v. Orange Reg'l Med. Ctr., 2019 NY Slip Op 7387 (N.Y. App. Div. 2019). “We also reject the defendants' contention that the goal of UILA—to provide a uniform method for processing claims against and distributing the assets of distressed insurance companies with assets and policyholders in multiple jurisdictions in the United States [FN7] ( see…”
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