State Codes and Statutes

Statutes > New-york > Isc > 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.

State Codes and Statutes

Statutes > New-york > Isc > 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.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Isc > 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.