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2016 New York Laws
ISC - Insurance
Article 75 - (Insurance) LIFE INSURANCE GUARANTY FUND
7507 - Authorization for member companies.

NY Ins L § 7507 (2016) What's This?
  7507.  Authorization  for member companies. Each member company and
  its officers, directors and agents shall have authority to do and permit
  to be done any  act  and  to  make  any  payment  herein  authorized  or
  contemplated.

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