2006 New York Code - Qualification Of Membership

 
    §  6626.  Qualification  of  membership.  (a) In addition to the legal
  ability of any natural person  to  insure  in  any  advance  premium  or
  assessment  corporation  property located in the territory in which such
  corporation is licensed to do business and in which property he  has  an
  insurable  interest, it shall also be lawful for any corporation, board,
  estate, or association to insure in any  co-operative  property/casualty
  insurance  company  property  located  in  the  territory  in which such
  corporation is licensed to do business, and in which property it has  an
  insurable interest.
    (b)  Any  officer,  trustee,  board member, or legal representative of
  such corporation, board, estate, or association may be recognized for or
  on  its  behalf  for  the  purpose  of  membership,  but  shall  not  be
  personnally  liable  upon  such  contract  or  contracts of insurance by
  reason of acting in such representative capacity.