State Codes and Statutes

Statutes > New-york > Wkc > Article-6 > 93

§  93.  Collection of premium in case of default. a. If a policyholder  shall default in any payment required to be made by  him  to  the  state  insurance  fund after due notice, his insurance in the state fund may be  cancelled and the amount due from him shall be collected by civil action  brought against him in any  county  wherein  the  state  insurance  fund  maintains  an  office  in  the  name  of  the commissioners of the state  insurance fund and the same when collected, shall be paid into the state  insurance fund, and such policyholder's compliance with  the  provisions  of  this  chapter  requiring  payments to be made to the state insurance  fund shall date from the time of the payment of said money to the  state  insurance fund.    b.  An  employer,  whose policy of insurance has been cancelled by the  state insurance fund for non-payment of premium or withdraws pursuant to  section ninety-four of this article, is ineligible  to  contract  for  a  subsequent  policy  of insurance with the state insurance fund while the  billed premium on the cancelled policy remains uncollected.    c. The state insurance fund shall not be required to write a policy of  insurance for any employer which is owned or controlled or the  majority  interest of which is owned or controlled, directly or indirectly, by any  person  who  directly  or  indirectly  owns  or  controls  or  owned  or  controlled at the time of cancellation an employer whose  former  policy  of insurance with the state insurance fund was cancelled for non-payment  of  premium or withdraws pursuant to section ninety-four of this article  or  who  is  or  was  at  the  time  of  cancellation   the   president,  vice-president,  secretary  or  treasurer  of such an employer until the  billed premium on the cancelled policy is paid.    For purposes of this subdivision, "person" shall include  individuals,  partnerships, corporations, and other associations.

State Codes and Statutes

Statutes > New-york > Wkc > Article-6 > 93

§  93.  Collection of premium in case of default. a. If a policyholder  shall default in any payment required to be made by  him  to  the  state  insurance  fund after due notice, his insurance in the state fund may be  cancelled and the amount due from him shall be collected by civil action  brought against him in any  county  wherein  the  state  insurance  fund  maintains  an  office  in  the  name  of  the commissioners of the state  insurance fund and the same when collected, shall be paid into the state  insurance fund, and such policyholder's compliance with  the  provisions  of  this  chapter  requiring  payments to be made to the state insurance  fund shall date from the time of the payment of said money to the  state  insurance fund.    b.  An  employer,  whose policy of insurance has been cancelled by the  state insurance fund for non-payment of premium or withdraws pursuant to  section ninety-four of this article, is ineligible  to  contract  for  a  subsequent  policy  of insurance with the state insurance fund while the  billed premium on the cancelled policy remains uncollected.    c. The state insurance fund shall not be required to write a policy of  insurance for any employer which is owned or controlled or the  majority  interest of which is owned or controlled, directly or indirectly, by any  person  who  directly  or  indirectly  owns  or  controls  or  owned  or  controlled at the time of cancellation an employer whose  former  policy  of insurance with the state insurance fund was cancelled for non-payment  of  premium or withdraws pursuant to section ninety-four of this article  or  who  is  or  was  at  the  time  of  cancellation   the   president,  vice-president,  secretary  or  treasurer  of such an employer until the  billed premium on the cancelled policy is paid.    For purposes of this subdivision, "person" shall include  individuals,  partnerships, corporations, and other associations.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Wkc > Article-6 > 93

§  93.  Collection of premium in case of default. a. If a policyholder  shall default in any payment required to be made by  him  to  the  state  insurance  fund after due notice, his insurance in the state fund may be  cancelled and the amount due from him shall be collected by civil action  brought against him in any  county  wherein  the  state  insurance  fund  maintains  an  office  in  the  name  of  the commissioners of the state  insurance fund and the same when collected, shall be paid into the state  insurance fund, and such policyholder's compliance with  the  provisions  of  this  chapter  requiring  payments to be made to the state insurance  fund shall date from the time of the payment of said money to the  state  insurance fund.    b.  An  employer,  whose policy of insurance has been cancelled by the  state insurance fund for non-payment of premium or withdraws pursuant to  section ninety-four of this article, is ineligible  to  contract  for  a  subsequent  policy  of insurance with the state insurance fund while the  billed premium on the cancelled policy remains uncollected.    c. The state insurance fund shall not be required to write a policy of  insurance for any employer which is owned or controlled or the  majority  interest of which is owned or controlled, directly or indirectly, by any  person  who  directly  or  indirectly  owns  or  controls  or  owned  or  controlled at the time of cancellation an employer whose  former  policy  of insurance with the state insurance fund was cancelled for non-payment  of  premium or withdraws pursuant to section ninety-four of this article  or  who  is  or  was  at  the  time  of  cancellation   the   president,  vice-president,  secretary  or  treasurer  of such an employer until the  billed premium on the cancelled policy is paid.    For purposes of this subdivision, "person" shall include  individuals,  partnerships, corporations, and other associations.