NY LawTamer

  Return to Article 17  




§1707

§1707 . Regulations to restrict pyramiding. The superintendent may adopt regulations designed to prevent an insurer from pyramiding subsidiaries to a degree that, in the judgment of the superintendent, would be materially adverse to the interests of policyholders, subscribers or the people of this state.
Source Data downloaded: 2009-04-09 14: 39: 55;       Processed: 2009-05-08 15: 35: 51


  Return to Article 17  
©2009 Paul Margus, FSA, MAAA