New York Laws
Article 1 - General Provisions
104 - Continuation of Existing Offices, Licenses, Approvals and Proceedings.

(a) All persons who, at the effective date of this chapter, held any
office in the department shall continue to hold such office under and
subject to this chapter.
(b) Every license of an insurer, insurance agent, insurance broker,
public adjuster, reinsurance intermediary, insurance consultant or other
licensee in force immediately prior to the effective date of this
chapter shall continue in force until its date of expiration or until
terminated pursuant to this chapter.
(c) Every insurer doing business in this state as an authorized
insurer at the effective date of this chapter may continue to transact
the kind or kinds of insurance business it was licensed to transact on
such date until the date of expiration of its license or until the
license is terminated pursuant to this chapter.
(d) Every form of policy, contract, certificate, application, rider or
endorsement in use immediately prior to the effective date of this
chapter which was approved by the superintendent pursuant to any law
herein repealed may, unless he prescribes otherwise, continue to be
issued in accordance with the approval:
(1) following such effective date, if the form complies with this
chapter and did comply with the repealed law, or
(2) for six months following such effective date, if it does not
comply with this chapter but did comply with the repealed law.
(e) No action or proceeding commenced before the effective date of
this chapter, and no violation of any provision of law hereby repealed,
shall be affected by such repeal, but all procedure hereafter taken in
reference thereto shall conform to the provisions of this chapter as far
as practicable.