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§3435
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§3435 . Group property/casualty insurance.
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§3435(a)
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(a) (this §) shall apply to public entities as defined in §107 of this chapter, organizations described by section 501(c)
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§3435(a)(3)
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(3) of the United States internal revenue code, Type B corporations formed pursuant to paragraph §201(b) of the not-for-profit corporation law, and organizations described by §200 a the education law.
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§3435(b)
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(b) Notwithstanding any other provision of this chapter, group coverage for homogeneous groups formed for purposes other than obtaining insurance may be approved, subject to regulations to be promulgated by the superintendent, for the kinds of insurance permitted in subsection (this §)(c) ,provided such policies shall be available to all eligible members of such group upon application.
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§3435(c)
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(c) Group policies may be written pursuant to (this §) for any of the kinds of insurance authorized by subsection §1113(a) of this chapter, except the kinds of insurance authorized by paragraphs 1 , 2 , 3 , 16 , 17 , 18 , 21 , 22 , 23 and 25 such subsection .
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§3435(d)
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(d) Group policies approved pursuant to (this §) shall not be eligible for the filing exemptions specified in §6301 of this chapter. Source Data downloaded: 2009-04-19 12: 23: 22; Processed: 2009-05-08 15: 36: 04
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