[Download] "Benjamin Ostrer v. Benjamin R. Schenck" by Court of Appeals of New York " eBook PDF Kindle ePub Free
eBook details
- Title: Benjamin Ostrer v. Benjamin R. Schenck
- Author : Court of Appeals of New York
- Release Date : January 07, 1977
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
[41 N.Y.2d 782 Page 783] In June, 1973, the Superintendent of Insurance promulgated regulation 65 (11 NYCRR Part 202), which limits to specified maximum levels, adjusted for volume, the commissions an insurance agent may receive for life insurance policies issued on a mass-merchandising basis under plans sponsored by union-management employee welfare funds. The issue on this appeal is whether regulation 65 conflicts with positive provisions of the Insurance Law and is, therefore, a nullity. Or put more concretely, the issue is whether the [41 N.Y.2d 782 Page 784]