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A03942 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3942
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 29, 2021
                                       ___________
 
        Introduced by M. of A. CUSICK -- read once and referred to the Committee
          on Insurance
 
        AN  ACT  to  amend  the  insurance  law, in relation to removing certain
          requirements for independent insurance adjuster licenses
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Paragraph 3 of subsection (d) of section 2108 of the insur-
     2  ance  law, as renumbered by section 1 of subpart F of part II of chapter
     3  55 of the laws of 2019, is amended to read as follows:
     4    (3) [Such] Except in the case of an application for a license  to  act
     5  as  an  independent  adjuster, such application shall be approved, as to
     6  each person or individual so signing the same, by  not  less  than  five
     7  reputable  citizens  of the community in which such applicant resides or
     8  transacts business, each of whom  shall  certify  that  he  or  she  has
     9  personally  known the person or individual for a period of at least five
    10  years prior to the filing of such application, that he or she  has  read
    11  such  application and believes each of the statements made therein to be
    12  true, that such person is honest, of good character and  competent,  and
    13  not  related  or  connected  to  the  person  so  certifying by blood or
    14  marriage. The certificate  of  approval  shall  be  subscribed  by  such
    15  reputable  citizens  and affirmed by them as true under the penalties of
    16  perjury.
    17    § 2. This act shall take effect immediately.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01930-01-1
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