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2013 New York Consolidated Laws
ISC - Insurance
Article 16 - (1601 - 1612) SUBSIDIARIES OF DOMESTIC PROPERTY/CASUALTY INSURANCE COMPANIES AND CERTAIN OTHER ENTITIES
1602 - Minimum ownership of subsidiaries' shares.


NY Ins L § 1602 (2012) What's This?
 
    § 1602. Minimum ownership of subsidiaries' shares.  A domestic insurer
  shall  own not less than fifty-one percent of the issued and outstanding
  voting shares of each of its subsidiaries.

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