2015 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 20 - Regulation of Insurance (Sections 1011 - 1015)
Sec. 1011 - Declaration of policy

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Metadata

Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 20 - REGULATION OF INSURANCE
Sec. 1011 - Declaration of policy
Containssection 1011
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Short Titles"McCarran-Ferguson Act".
Source CreditMar. 9, 1945, ch. 20, §1, 59 Stat. 33.
Statutes at Large References59 Stat. 33, 34

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15 U.S.C. § 1011 (2015)

§1011. Declaration of policy

Congress hereby declares that the continued regulation and taxation by the several States of the business of insurance is in the public interest, and that silence on the part of the Congress shall not be construed to impose any barrier to the regulation or taxation of such business by the several States.

(Mar. 9, 1945, ch. 20, §1, 59 Stat. 33.)

SHORT TITLE

Act Mar. 9, 1945, ch. 20, 59 Stat. 33, which is classified to this chapter, is popularly known as the "McCarran-Ferguson Act".

SEPARABILITY

Act Mar. 9, 1945, ch. 20, §6, 59 Stat. 34, provided: "If any provision of this Act [this chapter], or the application of such provision to any person or circumstances, shall be held invalid, the remainder of the Act, and the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected."

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