2016 New York Laws
ISC - Insurance
Article 66 - (Insurance) CO-OPERATIVE PROPERTY/CASUALTY INSURANCE COMPANIES
6608 - Extension of territory.

   6608.   Extension  of  territory.  (a)  The  superintendent,  upon
  application by any advance  premium  corporation  may  issue  a  license
  pursuant to section one thousand one hundred two of this chapter to such
  corporation  to do the business in counties additional to those in which
  it is then authorized or in the entire state if such corporation  is  in
  possession of a surplus to policyholders of one hundred thousand dollars
  or more, and is maintaining full unearned premium reserves in accordance
  with section one thousand three hundred five of this chapter.
(b)   The   superintendent,   upon   application   by  any  assessment
  corporation, may issue a license pursuant to section  one  thousand  one
  hundred  two  of  this  chapter  to  such  corporation to do business in
  adjoining counties additional to those in which it is then authorized or
  in the entire state with the exception of  the  counties  of  New  York,
  Kings,  Queens, Bronx and Richmond, if such corporation is in possession
  of a surplus to policyholders of one hundred thousand dollars  or  more,
  and  is  maintaining  full  unearned premium reserves in accordance with
  section one thousand three hundred five of this chapter.
(c) Every license  issued  by  the  superintendent  pursuant  to  this
  section shall include the county in which the corporation to which it is
  issued maintains its principal office.
(d)  Applications  made to the superintendent pursuant to this section
  shall be in such form as he may by regulation require.