State Codes and Statutes

Statutes > New-york > Isc > Article-3 > 313

§  313. Expenses of examination. (a) The expenses of every examination  of the affairs of any insurer or other person or organization, including  an appraisal of its real property or of any real property  on  which  it  holds  a  mortgage,  made  pursuant  to  the  authority conferred by any  provision of this chapter, shall be borne and paid  by  the  insurer  or  other  person  or organization so examined, but the superintendent, with  the approval of the comptroller, may in his discretion  for  good  cause  shown remit such charges.    (b)  (1)  For  any  such examination by the superintendent or a deputy  superintendent personally, the charge made shall be only  for  necessary  traveling  expenses  and  other  actual expenses. In all other cases the  expenses  of  examination  shall  also  include  reimbursement  for  the  compensation   paid   for  the  services  of  persons  employed  by  the  superintendent  or  by  his  authority  to  make  such  examination   or  appraisal.    (2) Notwithstanding any provisions of this section to the contrary, in  case  of  an  examination or appraisal of a domestic insurer made within  this state, the traveling and living expense of the  person  or  persons  making  the  examination  shall  be  considered  a cost of operation, as  referred to in section three hundred thirty-two of this article and  not  an expense of examination.    (3)  All  charges,  including  necessary  traveling  and  other actual  expenses, except as hereinabove provided, as audited by the  comptroller  and  paid  on  his warrant in the usual manner by the comptroller to the  person  or  persons  making  the  examination  or  appraisal,  shall  be  presented  to  the  insurer, or other person whose duty it is to pay the  same, in the form of a copy of the itemized bill therefor  as  certified  and  approved  by  the superintendent or by any deputy superintendent or  authorized employee of the insurance  department.  Upon  receiving  such  certified copy the insurer or other person or organization whose duty it  is   to   pay   such  charges  shall  pay  the  amount  thereof  to  the  superintendent, to be paid by him into the state treasury.

State Codes and Statutes

Statutes > New-york > Isc > Article-3 > 313

§  313. Expenses of examination. (a) The expenses of every examination  of the affairs of any insurer or other person or organization, including  an appraisal of its real property or of any real property  on  which  it  holds  a  mortgage,  made  pursuant  to  the  authority conferred by any  provision of this chapter, shall be borne and paid  by  the  insurer  or  other  person  or organization so examined, but the superintendent, with  the approval of the comptroller, may in his discretion  for  good  cause  shown remit such charges.    (b)  (1)  For  any  such examination by the superintendent or a deputy  superintendent personally, the charge made shall be only  for  necessary  traveling  expenses  and  other  actual expenses. In all other cases the  expenses  of  examination  shall  also  include  reimbursement  for  the  compensation   paid   for  the  services  of  persons  employed  by  the  superintendent  or  by  his  authority  to  make  such  examination   or  appraisal.    (2) Notwithstanding any provisions of this section to the contrary, in  case  of  an  examination or appraisal of a domestic insurer made within  this state, the traveling and living expense of the  person  or  persons  making  the  examination  shall  be  considered  a cost of operation, as  referred to in section three hundred thirty-two of this article and  not  an expense of examination.    (3)  All  charges,  including  necessary  traveling  and  other actual  expenses, except as hereinabove provided, as audited by the  comptroller  and  paid  on  his warrant in the usual manner by the comptroller to the  person  or  persons  making  the  examination  or  appraisal,  shall  be  presented  to  the  insurer, or other person whose duty it is to pay the  same, in the form of a copy of the itemized bill therefor  as  certified  and  approved  by  the superintendent or by any deputy superintendent or  authorized employee of the insurance  department.  Upon  receiving  such  certified copy the insurer or other person or organization whose duty it  is   to   pay   such  charges  shall  pay  the  amount  thereof  to  the  superintendent, to be paid by him into the state treasury.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Isc > Article-3 > 313

§  313. Expenses of examination. (a) The expenses of every examination  of the affairs of any insurer or other person or organization, including  an appraisal of its real property or of any real property  on  which  it  holds  a  mortgage,  made  pursuant  to  the  authority conferred by any  provision of this chapter, shall be borne and paid  by  the  insurer  or  other  person  or organization so examined, but the superintendent, with  the approval of the comptroller, may in his discretion  for  good  cause  shown remit such charges.    (b)  (1)  For  any  such examination by the superintendent or a deputy  superintendent personally, the charge made shall be only  for  necessary  traveling  expenses  and  other  actual expenses. In all other cases the  expenses  of  examination  shall  also  include  reimbursement  for  the  compensation   paid   for  the  services  of  persons  employed  by  the  superintendent  or  by  his  authority  to  make  such  examination   or  appraisal.    (2) Notwithstanding any provisions of this section to the contrary, in  case  of  an  examination or appraisal of a domestic insurer made within  this state, the traveling and living expense of the  person  or  persons  making  the  examination  shall  be  considered  a cost of operation, as  referred to in section three hundred thirty-two of this article and  not  an expense of examination.    (3)  All  charges,  including  necessary  traveling  and  other actual  expenses, except as hereinabove provided, as audited by the  comptroller  and  paid  on  his warrant in the usual manner by the comptroller to the  person  or  persons  making  the  examination  or  appraisal,  shall  be  presented  to  the  insurer, or other person whose duty it is to pay the  same, in the form of a copy of the itemized bill therefor  as  certified  and  approved  by  the superintendent or by any deputy superintendent or  authorized employee of the insurance  department.  Upon  receiving  such  certified copy the insurer or other person or organization whose duty it  is   to   pay   such  charges  shall  pay  the  amount  thereof  to  the  superintendent, to be paid by him into the state treasury.