§ 1602. Minimum ownership of subsidiaries' shares. A domestic insurer\nshall own not less than fifty-one percent of the issued and outstanding\nvoting shares of each of its subsidiaries.\n
N.Y. Ins. Law § 1602
Minimum ownership of subsidiaries' shares
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.