2017 New York Laws
ISC - Insurance
Article 17 - Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities
1715 - Valuation of Shares of Subsidiaries.

Universal Citation: NY Ins L § 1715 (2017)

1715. Valuation of shares of subsidiaries. In determining the financial condition of a parent corporation, all stock of its subsidiaries (except subsidiaries acquired or held under section four thousand two hundred forty of this chapter) shall be valued in accordance with subsections (c), (f) and (g) of section one thousand four hundred fourteen of this chapter. Stock of subsidiaries acquired or held under section four thousand two hundred forty of this chapter shall be valued as required by section four thousand two hundred forty of this chapter.


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