Section 2701. Definitions  


Latest version.
  • For the purpose of this article:
        (a)  "Holocaust    victim"  shall  mean  any  person, claimant, or the
      estate, heir, legatee, descendant, survivor, beneficiary, or other  such
      successor-in-interest  of  such  person,  who  lost  his  or her life or
      property as a  result  of  discriminatory  laws,  policies,  or  actions
      targeted  against  discrete  groups  of persons based on race, religion,
      ethnicity, sexual orientation or national origin, whether  or  not  such
      person  was  actually a member of any of the foregoing enumerated groups
      or because such  person  assisted  or  allegedly  assisted  any  of  the
      foregoing  groups,  between  January first, nineteen hundred twenty-nine
      and December thirty-first, nineteen hundred forty-five  in  areas  under
      Nazi influence as defined in subsection (f) of this section.
        (b)  "Person",  "control",  "holding  company",  and  "holding company
      system" and any other term  used  in  this  article  but  not  otherwise
      defined shall have the same meaning as it has in article fifteen of this
      chapter.
        (c)   "Insurance   policy"   shall   mean   any  policy  of  insurance
      substantially similar to any kind of insurance that  was  authorized  at
      any  time  in  New York between and including the years nineteen hundred
      twenty-nine  and  nineteen  hundred  forty-five  or  authorized  by  the
      jurisdiction  in  which  the  policy  was  sold  at the time it was sold
      including but not limited to any form  of  life,  accident  and  health,
      annuities, property, casualty, education or dowry insurance.
        (d)  "Proceeds"  shall  mean  the  face  or  other pay-out value of an
      insurance policy or annuity plus reasonable interest to date of  payment
      as shall be prescribed by regulations promulgated by the superintendent.
        (e)  "Member  of  a  holding  company  system" shall include a holding
      company, a controlled insurer, a controlled person, and any  person  who
      alone  or  in  concert  with  any  other  persons directly or indirectly
      controls a holding company or controls a person who controls  a  holding
      company.
        (f)  "Areas  under  Nazi  influence"  shall  mean  the country of Nazi
      Germany, areas occupied by Nazi Germany, those European countries allied
      with Nazi Germany, areas occupied by  those  European  countries  allied
      with  Nazi  Germany,  or  any  other neutral European country or area in
      Europe  under the influence or threat of Nazi invasion.