Functional regulation of insurance

15 U.S.C. § 6711
in effect
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The insurance activities of any person (including a national bank exercising its power to act as agent under section 92 of title 12) shall be functionally regulated by the States, subject to section 6701 of this title.

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15 U.S.C. § 6711 — Functional regulation of insurance | United States Code | Corpus