2017 US Code
Title 15 - Commerce and Trade
Chapter 20 - Regulation of Insurance
Sec. 1011 - Declaration of policy
| 15 U.S.C. § 1011 (2017) |
| §1011. Declaration of policy |
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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. |
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(Mar. 9, 1945, ch. 20, §1, 59 Stat. 33.) |
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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". SEPARABILITYAct 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." |
| United States Code, 2012 Edition, Supplement 5, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 15 - COMMERCE AND TRADE CHAPTER 20 - REGULATION OF INSURANCE Sec. 1011 - Declaration of policy |
| section 1011 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| "McCarran-Ferguson Act". |
| 59 Stat. 33, 34 |
