2015 New York Laws
ISC - Insurance
Article 74 - (Insurance) REHABILITATION, LIQUIDATION, CONSERVATION AND DISSOLUTION OF INSURERS
7431 - Determination of liability of members for other indebtedness.

  7431. Determination of liability of members for other indebtedness.
  (a) If it shall appear that a member of a  domestic  mutual  insurer  is
  indebted  to  such  insurer, apart from his liability to assessment, the
  court may, upon the application of  the  superintendent,  in  any  order
  under  section  seven  thousand  four  hundred  thirty  of  this article
  directing such member to show cause why he should not be held liable  to
  pay  an  assessment, likewise direct him to show cause why he should not
  be held liable to pay such indebtedness.
(b) The liability of  such  member  for  such  indebtedness  shall  be
  determined  in  the  same manner, and at the same time, as his liability
  for such assessment is  determined,  and  the  superintendent  may  have
  judgment therefor, without any additional costs.