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2012 New York Consolidated Laws
ISC - Insurance
Article 17 - (1701 - 1716) SUBSIDIARIES OF DOMESTIC LIFE INSURANCE COMPANIES AND CERTAIN OTHER ENTITIES
1707 - Regulations to restrict pyramiding.


NY Ins L § 1707 (2012) What's This?
 
    §  1707.  Regulations  to  restrict pyramiding. The superintendent may
  adopt  regulations  designed  to  prevent  an  insurer  from  pyramiding
  subsidiaries  to  a  degree that, in the judgment of the superintendent,
  would  be  materially  adverse  to  the  interests   of   policyholders,
  subscribers or the people of this state.

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