2012 New York Consolidated Laws
ISC - Insurance
Article 55 - (5501 - 5517-A) MEDICAL MALPRACTICE INSURANCE ASSOCIATION
5516-F - Further transfer of moneys of the association.

 
    §   5516-f.  Further  transfer  of  moneys  of  the  association.  (a)
  Notwithstanding any other provision of  law,  the  association  and  all
  officers  and directors with responsibility for custody or investment of
  the association's assets are authorized and directed to further transfer
  and deposit two hundred  fifty  million  dollars  to  the  miscellaneous
  special  revenue fund on or before September thirtieth, nineteen hundred
  ninety-nine.
    (b) Notwithstanding any other provision of law,  the  association  and
  all officers and directors with responsibility for custody or investment
  of  the  association's  assets  are  authorized  and directed to further
  transfer  and  deposit  all   revenues   generated   pursuant   to   the
  association's dissolution pursuant to paragraph two of subsection (c) of
  section   five  thousand  five  hundred  two  of  this  article  to  the
  miscellaneous special revenue fund on or before December thirtieth,  two
  thousand.
    (c)  Notwithstanding  any other provision of law, no director, officer
  or employee of the association, nor  the  association,  nor  any  public
  officer  or  employee,  nor  any  actuary,  attorney,  or advisor to the
  association or to the superintendent shall incur or suffer any liability
  whatsoever to  any  person  by  reason  of  actions  taken  pursuant  to
  authorizations or directions of the provisions of subsections (a) or (b)
  of  this  section pursuant to which any of the moneys of the association
  are transferred to the miscellaneous special revenue  fund.  Any  action
  which  could  have been brought against any of the persons or parties or
  entities noted herein, but for the provisions of this section, shall  be
  brought against the state.