Legal Opinion
Standard Premium Plan Corp. v. Hirschorn
Civil Court of the City of New York
Decided May 6, 1968PublishedCited by 1 opinion
1Opinion of the CourtEdward J. Greenfield, J.
In this case, submitted on an agreed statement of facts, the court is asked to construe a document denominated as a “ Premium Finance Agreement ’ ’. Such an agreement is authorized and regulated by Article XII-B of the Banking Law, to enable an insured to finance his obligation for premiums with a State-supervised agency.
Plaintiff is a “ premium finance agency ’ ’, that is, as defined in the definitions section of article XII-B of the Banking Law (§ 554, subd. 7), it is engaged in the business of entering into or acquiring premium finance agreements from insureds, agents, or brokers.…
2Cases cited3 opinions
- Fay v. WitteNew York Court of Appeals · 1933
- Old Colony Trust Co. v. StumpelNew York Supreme Court · 1926
- Standard Premium Plan Corp. v. WolfCivil Court of the City of New York · 1968
3Cited by1 opinion
- Northern Bank v. Pefferoni Pizza Co.Nebraska Court of Appeals · 1996