2015 New York Laws
ISC - Insurance
Article 80 - (Insurance) MUTUAL HOLDING COMPANY
8006 - Consultants.

NY Ins L § 8006 (2015) What's This?

8006. Consultants. The superintendent may appoint one or more consultants as the superintendent shall reasonably deem necessary to advise the superintendent in making the determination whether the proposed plan of reorganization meets the applicable requirements of this article. The reorganizing insurer shall be responsible for the reasonable fees and expenses of any such consultants. This expenditure shall not constitute an expenditure of public funds pursuant to the state finance law.


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