2012 New York Consolidated Laws
ISC - Insurance
Article 55 - (5501 - 5517-A) MEDICAL MALPRACTICE INSURANCE ASSOCIATION
5511 - Annual statement.


NY Ins L § 5511 (2012) What's This?
 
    §  5511.  Annual  statement. (a) The association shall annually file a
  statement in the office of the superintendent on or before the first day
  of March. The statement shall be in  a  form  approved  by  and  contain
  information  prescribed  by  the  superintendent  with  respect  to  its
  transactions, condition, operations and  affairs  during  the  preceding
  year.
    (b)  The  superintendent  may, at any time, require the association to
  furnish  additional  information  with  respect  to  its   transactions,
  condition  or  any  matter  connected therewith which he considers to be
  material and which will assist him in evaluating  the  scope,  operation
  and experience of the association.
    (c)  The  association shall include as an asset the then present value
  of  annuity  payments  to  which  it  is  entitled  in  accordance  with
  subdivision  (b)  of  section  five  thousand  thirty-six  of  the civil
  practice law and rules.

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