2018 US Code
Title 15 - Commerce and Trade
Chapter 20 - Regulation of Insurance
Sec. 1011 - Declaration of policy

Download PDF
Citation 15 U.S.C. § 1011 (2018)
Section Name §1011. Declaration of policy
Section Text

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.

Source Credit

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

Editorial Notes 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."

Publication Title United States Code, 2018 Edition, Title 15 - COMMERCE AND TRADE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 15 - COMMERCE AND TRADE
CHAPTER 20 - REGULATION OF INSURANCE
Sec. 1011 - Declaration of policy
Contains section 1011
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Short Titles "McCarran-Ferguson Act".
Statutes at Large References 59 Stat. 33, 34
Disclaimer: These codes may not be the most recent version. United States may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.