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Code · U.S. Code · Title 15 - COMMERCE AND TRADE · CHAPTER 20— REGULATION OF INSURANCE · § 1012

§ 1012. Regulation by State law; Federal law relating specifically to insurance; applicability of certain Federal laws after June 30, 1948

354 words·~2 min read·/usc/title-15/section-1012

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)State regulation The business of insurance, and every person engaged therein, shall be subject to the laws of the several States which relate to the regulation or taxation of such business.
(b)Federal regulation No Act of Congress shall be construed to invalidate, impair, or supersede any law enacted by any State for the purpose of regulating the business of insurance, or which imposes a fee or tax upon such business, unless such Act specifically relates to the business of insurance: Provided, That after June 30, 1948, the Act of July 2, 1890, as amended, known as the Sherman Act, and the Act of October 15, 1914, as amended, known as the Clayton Act, and the Act of September 26, 1914, known as the Federal Trade Commission Act, as amended [15 U.S.C. 41 et seq.], shall be applicable to the business of insurance to the extent that such business is not regulated by State Law.
(Mar. 9, 1945, ch. 20, § 2, 59 Stat. 34; July 25, 1947, ch. 326, 61 Stat. 448.)
Connections43 cite this · traces to 3
6 references not yet in our index
  • Mar. 9, 1945, ch. 20, § 2
  • 59 Stat. 34
  • July 25, 1947, ch. 326
  • 61 Stat. 448
  • act Oct. 15, 1914, ch. 323
  • 38 Stat. 730
Citation graph
cites case law
§ 1012
Regulation by State law; Federal law relating specifically to insurance; applicability of certain Federal laws after June 30, 1948
Fed. Reg.×36
Bills×6
Stat. Comp.×1
ActMar. 9, 1945, ch. 20, § 2
Stat.59 Stat. 34
ActJuly 25, 1947, ch. 326
Stat.61 Stat. 448
Actact Oct. 15, 1914, ch. 323
Cites 9 · showing 8Cited by 43 across 3 sources
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