Section 1553. Exemptions  


Latest version.
  • This article shall not apply to:
        (a)  the  government  of  the  United  States  or  any instrumentality
      thereof;
        (b) the state of New York or any political subdivision, as  such  term
      is  defined  for  purposes  of section one hundred three of the internal
      revenue code, thereof;
        (c) the United Nations or  any  other  international  organization  of
      which the United States is a member;
        (d) any foreign government;
        (e)  any  taxable  insurance  contract  procured  through  a  New York
      licensed excess line broker in accordance with section two thousand  one
      hundred eighteen of the insurance law; and
        (f)   any   taxable  insurance  contract  of  the  type  described  in
      subsections (b), (c)  and  (d)  of  section  two  thousand  one  hundred
      seventeen of the insurance law.