(2) Except for a corporation authorized to write fidelity and surety
insurance and to do an immigration bail business pursuant to the
provisions of this article and otherwise in compliance with all other
requirements of this chapter to do such business, no person, firm,
corporation, or other entity shall engage in an immigration bail
business in this state.
(b) (1) No person, firm, corporation, or other entity shall in this
state do an insurance business or an immigration bail business as
defined in subsection (a) of this section unless authorized by a license
issued and in force as provided under this article.
(2) The superintendent may authorize a property/casualty insurance
company that is authorized to write fidelity and surety insurance to do
an immigration bail business in accordance with the provisions of this
article, but no individual or entity shall be licensed to do such
business.
(c) Any person, firm, corporation, or other entity that violates this
section shall be subject to the penalty set forth in subsection (a) of
section one thousand one hundred two of this article.
(d) Any agreement entered into by an entity subject to this section
that is not authorized to do an immigration bail business in accordance
with the provisions of this article shall be void and unenforceable.
Structure New York Laws
Article 11 - Licensing of Insurers
1101 - Definitions; Doing an Insurance Business.
1102 - Insurer's License Required; Issuance.
1105 - Voluntarily Ceasing to Maintain License.
1106 - Additional Requirements for Foreign or Alien Insurer's License.
1107 - Licenses for Unincorporated Insurers.
1108 - Insurers Exempt From Licensing and Other Requirements.
1109 - Limited Exemption for Health Maintenance Organizations.
1110 - Charitable Annuity Societies Exempt; Special Permits.
1111 - Compulsory Insurance; Bonds of Surety Companies; Certificates of Qualification.
1112 - Reciprocal Provisions as to Taxes, License Fees, Deposits, and Other Requirements.
1113 - Kinds of Insurance Authorized.
1115 - Limitation of Risk, in General.
1116 - Prepaid Legal Services Plans and Legal Services Insurance.
1117 - Health Insurance Plans for Long Term Care.
1118 - Regional Pilot Projects for the Uninsured.
1119 - Limited Exemption for Continuing Care Retirement Communities.
1120 - Child Health Insurance Plan.
1121 - Voucher Insurance Program.
1122 - New York State Health Insurance Continuation Assistance Demonstration Project.
1123 - Immigration Bail Business.
1124 - Institutions of Higher Education Exempt; Certificate of Authority.