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2015 New York Laws
ISC - Insurance
Article 74 - (Insurance) REHABILITATION, LIQUIDATION, CONSERVATION AND DISSOLUTION OF INSURERS
7404 - Grounds for liquidation.

NY Ins L § 7404 (2015) What's This?
  7404.  Grounds  for liquidation. The superintendent may apply under
  this article for an order directing the superintendent to liquidate  the
  business  of  a  domestic  insurer, or of the United States branch of an
  alien insurer having trusteed assets in this  state,  upon  any  of  the
  grounds  specified  in  subsections  (a)  through  (o)  of section seven
  thousand four hundred two of this article, whether or not there has been
  a prior order directing the superintendent to rehabilitate such insurer.

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