Section 2401. Purpose

Latest version.

The  purpose  of this article is to regulate trade
  practices in the business of insurance in accordance with the intent  of
  congress  as  expressed in Public Law 15, 79th Congress, by defining, or
  providing for the determination of, all such  practices  in  this  state
  which  constitute  unfair  methods of competition or unfair or deceptive
  acts or practices and by prohibiting the trade practices so  defined  or
  determined.

                    
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