N.Y. Ins. Law § 7001
Purpose and applicability
Redline — January 1, 2015 → current.View current text →
Current — January 1, 2023
As of January 1, 2015
§ 7001. Purpose and applicability. (a) The purpose of this article is\nto facilitate the formation and operation of captive insurance companies\nwithin the state of New York.\n (b) In addition to the provisions of this article and this chapter\nspecifically referred to in this article, the following provisions of\nthis chapter shall apply to captive insurance companies:\n (1) article one of this chapter, pertaining to general provisions;\n (2) sections three hundred one, three hundred two, three hundred\nthree, three hundred four, three hundred five, three hundred six, three\nhundred eight, three hundred ten, three hundred eleven, three hundred\ntwelve, three hundred thirteen, three hundred twenty-six, three hundred\ntwenty-seven, three hundred twenty-nine, and three hundred thirty-two of\nthis chapter, pertaining to certain administrative and procedural\nprovisions; and\n (3) article seventy-four, pertaining to rehabilitation, liquidation,\nconservation and dissolution of insurers.\n
§ 7001. Purpose and applicability. (a) The purpose of this article is\nto facilitate the formation and operation of captive insurance companies\nwithin the state of New York.\n (b) In addition to the provisions of this article and this chapter\nspecifically referred to in this article, the following provisions of\nthis chapter shall apply to captive insurance companies:\n (1) article one of this chapter, pertaining to general provisions;\n (2) sections three hundred one, three hundred six, three hundred\neight, three hundred ten, three hundred eleven, three hundred twelve and\nthree hundred twenty-nine of this chapter and sections two hundred six,\nthree hundred three, three hundred four, three hundred five, three\nhundred six, three hundred eight, and three hundred nine of the\nfinancial services law, pertaining to certain administrative and\nprocedural provisions; and\n (3) article seventy-four of this chapter, pertaining to\nrehabilitation, liquidation, conservation and dissolution of insurers.\n
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.